Posts tagged as: economics

Government Is Destroying our Standard of Living

Government Is Destroying our Standard of Living

For the first time in history, the U.S. is getting poorer.

Halbig: Textualism Wins, Obama Loses

Halbig: Textualism Wins, Obama Loses

The long-awaited Halbig decision is out, and the result is bad for Barack Obama and his oppressive ObamaCare law. The panel has voted 2-1 that Congress did not authorize subsidies for plans bought on exchanges established by the feds: Because we conclude that the ACA unambiguously restricts the section 36B subsidy to insurance purchased on Exchanges “established by the State,”we reverse the district court and vacate the IRS’s regulation. I told you on July 7 : “I am now convinced that the judges on the panel will rule 2-1 against Obama.” Always trust content from Patterico. Here’s what the controversy was about. The text of the ObamaCare law makes subsidies available only to one…

VW’s Tennessee truck

VW’s Tennessee truck

See the rest here: VW’s Tennessee truck

Post Climate Change Act 2008, the UK's Economy is Going Backwards

Post Climate Change Act 2008, the UK's Economy is Going Backwards

The UK currently has the second lowest per capita GDP among the G7.

(Video) 1948 cartoon: “Make Mine Freedom!”

(Video) 1948 cartoon: “Make Mine Freedom!”

**Posted by Phineas Here’s a neat animated short from almost 70 years ago that does a darned good job showing the differences between a society based on individual liberty and the free market, on the one hand, and those based on statism (Socialism, Communism, and Fascism) on the other. It makes good use of humor to get its point across: Nowadays, I think we could add another “-ISM” to that patent medicine’s list of ingredients: the religious

Fiscal Crisis and the Fate of Liberalism

Fiscal Crisis and the Fate of Liberalism

The differences between Left and Right are hardly trivial, but the fundamental political tension in the West for nearly seven decades has not been whether a market economy can be jiggered to spread prosperity, but how best to go about it.

Some Heretical Thoughts on Politics and Economics

Some Heretical Thoughts on Politics and Economics

Capitalism is still the best system that the temporal world has to offer man as he is thus constituted.

Redistribution Is Theft

Redistribution Is Theft

Maybe not legitimate redistribution. But what is “legitimate”?

It begins: SeaTac businesses add “living wage surcharge” to cover minimum wage

It begins: SeaTac businesses add “living wage surcharge” to cover minimum wage

**Posted by Phineas When discussing Seattle’s new, progressive – FAIR!! – $15 per hour minimum wage, I wrote that business owners had just a few choices in response: Critics, on the other hand (and including your humble correspondent), argue that the laws of economics cannot be repealed by legislative fiat: raise the cost of labor, and businesses will be faced with a choice from among four? options — pass the costs on to the consumer; reduce labor costs by cutting hours or whole jobs; eat the costs and accept lower profits; or cease doing business in that jurisdiction, either by …

US adds 217,000 jobs in May; unemployment rate remains at 6.3 percent

US adds 217,000 jobs in May; unemployment rate remains at 6.3 percent

Follow this link: US adds 217,000 jobs in May; unemployment rate remains at 6.3 percent

Log in / Advanced NewsPaper by Gabfire Themes