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Being the type compassionate souls Americans are, we get tricked into believing things because we want them to be true. Wages, jobs, and poverty are passionately debated and exceptionally prone to optimistic misinformation and logical fallacies. Minimum wage and the notion of a "living wage" are examples of just that. They sound useful and nice, but in practice they do much more bad than good. They displace jobs and discourage hiring, trigger increases in cost levels, plus they don't assist the......Read More
In 1928 the cost of one postage was one cent, the labor for a vehicle tune-up was one dollar, along with labor cost to overhaul the engine and transmission was about $25. These facts strengthen the case for the dollar debasement that Austrian School economists have been creating for decades. Currency debasement is a consequence of monetary inflation. The Universal Law of Cause and Effect countries which each and every Effect has a Cause, also that each and every Cause or Action has a Effect. As......Read More
I'd like for the readers to consider this question quite closely. Our Supreme Court is composed of the Chief Justice of the USA along with a number of Associate Justices that are designated by Congress. The present number of Associate Justices is put to eight according to the US Code. The power to nominate a justice lies completely the President along with the consent of the Senate. Judges are human just like anyone else and this trait makes them less than ideal in most people's eyes. From the......Read More
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