I started getting interested in politics and economics about eight years ago, and I like to say it’s been both a blessing and a curse. It’s obviously extremely important to be informed of what’s going on, especially when you realize that people way more ignorant than yourself are running things and get to make decisions that affect your life. But being informed sometimes leads to frustration when you are surrounded by so many who are not informed at all, but still choose to participate in the political process.
I read this great article by Jack Hunter on friendship and politics. It makes the case for never letting politics affect your friendships, and for the most part, I agree. But I can’t deny the fact that the way I see certain people has definitely changed based on their political views.
Who we are–our personality–is really a combination of our early experiences and what our subconscious took away from those experiences. As parents we have such a tremendous responsibility because we can make or break our children’s entire lives depending on how we treat them, especially early on in life. Continue reading
Trump may have just single-handedly ended Rubio’s campaign. The ball is on Rubio’s side of the court now. It’s all riding on how well Rubio and his team respond, and how long it takes them to respond. Continue reading
Hating those who are successful and blaming them for the lack of success of others, has become a disturbing trend, especially among young people. I think part of the problem is the fact that many have subscribed to the false notion that if you work hard you will succeed. This is a lie that has been repeated so much that most don’t even question it. Continue reading
I’ve had people ask me why I think Donald Trump is currently at the top of the polls. They ask as if something different is happening now than has ever happened before. The truth is that other than the fact that Donald Trump is well known for being a reality TV star, what is happening now is no different than what’s always happened, at least for as long as I’ve been paying attention. Continue reading
I hear this argument all the time when discussing Minimum Wage laws: “How is a person supposed to survive, making X dollars an hour?” The answer, of course is, you’re not. The idea that every single job should pay enough to support a person and his whole family, is ludicrous. Think about the last time you paid someone to do a job for you; a plumber, landscaper, painter, or whatever. Did you come to an agreement on the price based on how much money the worker needed in order to pay his bills, or did you pay him or her based on the job performed? Continue reading
The case against job automation never made any sense to me, and it’s always made by people who are afraid their skills will become irrelevant, as machines and software are built that can perform jobs better and faster than any human can.
I can’t think of a more selfish act than being against economic progress so that one can continue to get paid to do a job less efficiently than it could otherwise be performed by someone else–or something else. Somehow, those against job automation are never as eager to discuss progress made in the past that has undoubtedly had a positive impact on society, despite the same kind of fear-mongering they participate in today. Continue reading
The first amendment is the most well-known of all constitutional amendments. It states that the government cannot punish you for what you say, even if what you say is reprehensible.
Everyone claims to support freedom of speech, and they understand that supporting someone’s right to say what they want to say is not the same as agreeing with whatever is being said. I don’t think many Americans would support the idea that we should put in jail those who say racist things, because they understand that even jerks should have the freedom to say what they want, in a free society. Continue reading
Ponzi schemes are named after Charles Ponzi, a con man who came to the U.S. from Italy in 1903 with just $2.51 in his pocket. By 1920 Ponzi had made millions by convincing people to invest money in his company. He promised–and for over a year, delivered–50% profit in 45 days, or 100% profit in 90 days. Continue reading
One of my favorite things about writing, is trying to come up with different ways to take a complex issue and simplify it for others to understand. I find the Minimum Wage to be one of the most frustrating topics in politics, because the most basic and important law of Economic Science–the law of Supply and Demand–already tells us exactly why setting a minimum price on labor is a bad idea.
But Economics isn’t as interesting to most as it is to me, so I wanted to come up with an example to illustrate the unintended consequences of minimum wage laws, without having to talk about supply and demand. I thought it’d be worthwhile to take a look at what the consequences would be if we were to apply minimum price laws to something we’re all familiar with. Continue reading