This is an excellent article and a fine example of insight.
An excellent article that enlightens our thinking: …if the minimum wage is $10 per hour, and a worker only produces $8 of goods or services per hour, he will never be hired. Naturally, with a little experience, an unproductive (in the economic sense of the word) worker becomes more productive with job experience. But with […]
Smedley Butler on Interventionism — Excerpt from a speech delivered in 1933, by Major General Smedley Butler, USMC. War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is […]