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Shark Tank's Kevin O'Leary Redeems Himself . . . Sort of

In the video below, Kevin O'Leary does a pretty good job of explaining how many regulations disproportionately adversely impact small businesses relative to large businesses.My only quibble is that he...

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Barefoot, Meredith and Rabin. Oh my!

The Natural Resource Defense Council (NRDC) has been running the ad below locally, apparently in an attempt to unseat incumbent Republicans in the state legislature. They are also embarking on a direct...

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Is this the biggest Mega Millions jackpot ever?

Wow! $1125 million is of course $1.125 billion. This cannot be $112.5 million, because the cash option would be much less than the stated $107 million. So it looks like tonight's Mega MIllions jackpot...

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Another news story compels me to cite Bastiat again.

One of Frédéric Bastiat's best pieces (other than The Law) is this piece on government. He states:Government is the great fiction through which everybody endeavors to live at the expense of everybody...

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Representative John Dingell To Retire . . . and he's not happy with Washington

Another Congressman is retiring and laments the acrimony in the House today relative to some idealized past. Dingell told the Detroit News he finds "serving in the House to be obnoxious" and that "it's...

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Mega Millions Surreptitiously Raises the Price of Its Game

If I want to increase my profit for an existing product I have one of two ways of doing so: raise the nominal price, or reduce the size of my product. If a candy company currently prices its candy bar...

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Why Do Stalin and Other Socialists Get a Free Pass for Murdering Tens of...

During a deposition to a lawsuit, a representative for the Virginia Division of Motor Vehicles was asked by the plaintiff's attorney if someone could have "COMMIE" printed on his or her vanity license...

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Understanding Simple Basic Principles of Economics

From a report issued by the Congressional Budget Office yesterday comes some disturibing news about the effect the ACA is expected to have on employment.Principle #2: People respond to incentives.The...

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Excellent public choice video.

 HT: Don Boudreaux

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Selling Cupcakes to Illustrate Gender Wage Inequality

The Aquinas College Jane Hibbard Idema Women's Studies Center is having a bake sale to raise awarness of the fact that women are discriminated in the workplace by the fact that women earn just 77¢ for...

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The Minimum Wage: Some Facts, One Addition, and One Correction

Jeffrey Dorfman offers some good insight into the minimum wage and who actually earns relatively low wages.That leaves only about 1.1 percent of all workers over 25 and 0.8 percent of all Americans...

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Amazon turns to crowdsourcing to answer a question.

I received an email from Amazon.com asking me the following:As someone who owns Schlage F10ACC619 Accent..., can you help this fellow customer?[Name Withheld] asks"what is the difference between...

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What Is Wrong With Government Schooling?

Driving to campus a few weeks ago, I was listening to a free iTunes song that my son had been listening to. We have very similar tastes in music, so I like to listen to music he has an interest in, and...

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Merry Christmas to all!

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More Complete Information Regarding the Jobs Report

Data released today shows that 203,000 new jobs were created in the United States in November and that the unemployment rate fell to 7%, it's lowest level in five years. Here is a graph of civilian...

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"Tell me about the whale."

"Yeah, I'll tell you about the whale. That's a story I'll never forget."A good lesson of strict liability. Hilarious! HT: Carolynn

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Jon Stewart Interviews Debbie Wasserman Schultz - Hmmm?

Jon Stewart interviews Debbie Wasserman Schultz. (See video below.)First, I love the use of the phrase, "We need real people." What she means by"we," of course, is people who believe in more...

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The First Rule of Leadership

The NSA spying scandal is becoming more of a black eye every day. The most recent revelations that the NSA has been spying on its allies, including German Chancelor Angela Merkel before she even became...

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Might this be a reason for why people enrolling in ACA has been so low?

Reports have emerged recently of the failure of the Affordable Care Act (i.e., Obamacare) to gain a large turnout of people enrolling in health care exchanges during the first two weeks they've been...

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Scott Adams On Why Failure Is Necessary for Success

Read it here. If a readable link doesn't pop up, Google the title, "Scott Adams' Secret of Success: Failure"One funny excerpt.Nietzsche famously said, "What doesn't kill us makes us stronger." It...

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