Posts Tagged ‘Economics’
Saturday Must Read: Minimum-wage Folly
From the Boston Globe: AS IF the recession hasn’t been rough enough on those near the bottom of the economic food chain, fresh bad news is on the way. Beginning July 24, the federal government will be making it more difficult for employers to hire low-skilled and unskilled American workers. Thanks to an ill-advised law enacted with [...]
Book Review: The Invisible Hook by Peter Leeson
By Justin Williams What begins as a simple story of Pirates soon turns into an unique journey through Economics and History. Peter Leeson, who is an Economist, uses methodological individualism to analyze the behavior of Pirates as simple profit seekers. This allows Leeson to give a different view of the Pirates then most of us are used to. He [...]
The Forgotten Generality Principle
By Justin Williams The contract theory of how government forms is one of a community banding together to prevent violence. They all want rules and regulations to keep one another from preying upon each of their property. We understand that this is how the United States came together. It was a social contract that was semi not imposed on. As the [...]
Dr. Pete Leeson Discussing the Recession
Dr. Leeson blogs at The Austrian Economists. You can buy Dr. Leeson's new book, The Invisible Hook, here.
