Economics Archives - Page 2 of 15

Individuals On Universal Basic Income Earned Less Annually

August 5, 2024 Steve MacDonald

Would it surprise you to know that if you give people free money, they’ll earn less? The National Bureau of Economic Research ran a three-year study that gave poor people a bag of cash every month to see how it would affect their behavior. Guess what happened. We study the causal impacts of income on … Read more

The Bidenistas are Bailing on Bidenomics – Not the Polices, Just the Word

April 1, 2024April 1, 2024 Steve MacDonald

You don’t hear the words build back better much anymore unless it’s from someone closer to the small government end of the spectrum making fun of Democrats who live at the other end. We’ve built debt and gone backward, and only the size of government is bigger (which they think is better).

Time Magazine Suggests China as The Model for Advancing Climate Justice

March 25, 2024March 25, 2024 Steve MacDonald

Time Magazine isn’t what it used to be, but they still think they are, so when this aging arm of the Government’s Public Relations Department publishes things, it is meant to mean something. Not New York Times, something, but something. Like how capitalism can’t solve the climate problem, China is where we should be looking.

Tucker Carlson is Not Entirely Wrong About “Libertarian Economics”

December 23, 2023 Op-Ed

Tucker Carlson, who recently announced his own new media network, has been making the podcast rounds, talking to hosts of a variety of different ideological backgrounds.

The Simplicity and Significance of Mutual Economic Exchange

August 5, 2023 Op-Ed

Economic exchange stands as the defining essence of any economy, epitomizing the intricate web of interconnected transactions that shape its very existence. In essence, an economy derives its essence from the culmination of individual exchanges.

Light buble filament original Photo by Alessandro Bianchi on Unsplash

Enlightened Capitalism

July 15, 2023 Kensley Vitoria

The events of the past decade have underscored one clear reality, corporations are overly greedy and must be checked by governments. Indeed, that is the sole purpose of good government when it comes to overseeing the marketplace— to prevent large corporations from preying on the citizens.

Notable Quote – “…A Battle Between Freedom and Subjugation”

June 9, 2023 Skip

Emphasis mine: Condemning capitalism is nothing new in this country. We’ve heard the angry criticisms all of our lives, and they weren’t novel when we were young. It’s tragic, really, that so many in the West see the tension between “capitalists” and their ideological opponents as merely a conflict between ideas about which economic system … Read more

Proving Once Again That a Minimum Wage Costs Jobs

May 29, 2023 Skip

The minimum wage costs jobs, especially entry-level positions that help teach the young and unskilled about working for a living, having pocket money, an income, basic personal budgets, spending, and even paying taxes.

Redux: “Conservatives Believe That The Best Form of Welfare Is A Job. Govt Thinks Otherwise.”

May 6, 2023 Skip

It was true back in 2011, and it is still true today. Conservatives believe in the honor and dignity in work. Progressive don’t believe in a hand-up and are willing to supply a hammock forever.

the-first-thanksgiving Jean Leon Gerome Ferris 1912 Weirs Times

A lesson from the First Thanksgiving

January 5, 2025November 24, 2022 Skip

Updates below.

I like reading John Stossel as often he proclaims a down to earth message with common sense appeal. In addition, what he talks about is grounded in results rather then an ideological background. When I saw his column, so apropo for today, it does need to be reviewed.

Why? Allow me to inject a bit of what some might consider politics on a day given over for other-than-politics. The lesson learned by the Pilgrims is one that we should be paying close attention to, as we are looking to select a new leader, just as the Pilgrims selected Bradford as their new leader. I see the Democratic candidates all running to socialistic tendancies more and more – think “it takes a village” on steroids. Yet, given history’s results on “the common good” and the hatred that seems to be simmering on the Left for capitalism, sometimes we do need to pay attention to what history tells us of certain choices and actions, lest we repeat them over and over….

Maggie Hassan Lies Again (And Chris Pappas Too!)

November 8, 2022 Skip

Once again, the Democrats, especially Maggie Hassan, are twisting the meaning and usage of words to fit a political narrative. In this case, for the purely personal gain of keeping her butt in DC.

Grayscale Photo of People at Market by Danilo Ugaddan Pexels Free to use

Notable Quote – Radical Ideas CAN be the Right ones!

May 4, 2022 Skip

History has shown that voluntary economic trade between individuals, without the “guiding” Hand of the Government, has lifted billions out of poverty and onto the road of a higher standard of living at lower costs and higher quality compared to when markets were controlled by others and such decisions were made beforehand.

Reminder: We Don’t Have What it Takes to ‘Go Green’

April 20, 2022April 19, 2022 Steve MacDonald

The Left’s all-in or nothing attitude about net-zero is one of their more disingenuous screeds. They’re ranting like lunatics and making more promises than a used Electric Vehicle car salesman with no car to sell you. IN other words, what they say, can’t be done.

RI Transportation Initiative – Let’s Use Your Money to Help More Rich People Buy EVs

March 15, 2022 Steve MacDonald

With the collapse of the TCI scam, blue states desperate to virtue signal on this issue are scrambling to find ways to look #woke to the green meanies in the climate cult community. Rhode Island has picked a champion.

Will Biden’s New Economic Policy haunt our Democrat Reps?

December 25, 2021 Op-Ed

The Biden administration is planning to take what has not been spent of the vast rental assistance package — about half of the $46.5 billion allocated — and give it to areas that have spent the most money.

After Manchin Slays Build Back Better the White House Sends Jen To Psakit-to-him

December 20, 2021December 20, 2021 Steve MacDonald

Sen. Joe Manchin is proving to be a problem for the Democrats. He is one, but he’s not getting in line like he is supposed to do. Something about, “this would be bad for my constituents,” and Dems are like who?

Democrats Won’t Make Anyone Pay Their Fair Share

December 2, 2021December 2, 2021 Don

Exchanging facts and opinions are constructive. However, a person publicly making essentially slanderous allegations should publicly provide evidence, not just opinions. Sean Kavanagh’s letter of Nov. 15 provides no evidence to refute my Nov. 8 letter.

Why Government Can NEVER Get this Right

July 29, 2021 Steve MacDonald

The opportunity that the free market offers exist for anyone regardless of age, sex, gender, race, origin, any of it. All you need is an idea and the motivation to get it out of your head and into the world as a real thing.

We Finally Found Some Cops That BLM Doesn’t Want Defunded – In Cuba!

July 23, 2021July 16, 2021 Steve Earle

Some organizations here in America can’t help blaming us for every bad thing that happens or has happened in history.

Notable Quote – Statists Never Blame Government for ITS Lacking, Do They?

June 17, 2021 Skip

Economics is all about the study of scarcity and tradeoffs of which there are many. We know this because prices for different products are all different. Just because someone wants something doesn’t mean that it HAS to be available to them at their desired price point.