Governor Bradford recorded in his diary that everybody was happy to claim their equal share of production, but production only shrank. Slackers showed up late for work in the fields, and the hard workers resented it. It’s called “human nature.” …
Category: Consumption Inequality
Sorry, Bernie Sanders, but Disney Doesn’t Have To Apologize for Making $1.3 Billion with Avengers: Endgame – Reason.com
“More importantly, if you care about improving the quality of life and living standards over time, the essential question is always about creating broad-based, sustainable economic growth. What are the conditions that are most likely to help the economy get …
Watch “Milton Friedman – The Robin Hood Myth” on YouTube
The Political Dogma: Government social “reinvestment” programs benefit the poor at the expense of the wealthy. The Political Reality, as instantiated by Director’s Law: Public program expenditures primarily benefit the upward rising middle classs at the expense of the wealthy …
Read More "Watch “Milton Friedman – The Robin Hood Myth” on YouTube"
How Private Banks Create Bubbles — with the Help of Central Banks | Mises Wire
Observe that while fulfilling the role of the medium of savings, money is not savings. An increase in money will not result in more savings. An increase in savings requires the increase in the production of consumer goods all other …
Read More "How Private Banks Create Bubbles — with the Help of Central Banks | Mises Wire"
The IMF’s Recipe for Equal Levels of Decline and Stagnation | International Liberty
…after reading a new study from the International Monetary Fund, I’m wondering if I’m underestimating the left’s fixation with inequality and the amount of economic damage they’re willing to inflict to achiever greater equality of outcomes. Here are some introductory passages to …
Read More "The IMF’s Recipe for Equal Levels of Decline and Stagnation | International Liberty"
Physician Shortage: An Alternative View by the Numbers | Robert Nelson, MD | LinkedIn
For the sake of brevity, I am not going to show my math. Trust me, I’m a doctor! Here are the average panel sizes based on the assumptions above using 2012 census data. FP/GP = 1,041 patients per doc IM/IM-Peds …
Read More "Physician Shortage: An Alternative View by the Numbers | Robert Nelson, MD | LinkedIn"
Nobody Is Pushing Thomas Piketty’s Policies to Combat Economic Inequality – Michael Barone – Page full
A recent Congressional Budget Office report shows that when you measure federal taxes paid minus federal transfers received welfare, food stamps, Social Security, etc., the top 20 percent of earners pay an average of $46,500. The next 20 percent pay …
Is Medicaid-Associated Overuse of Emergency Departments Just a Temporary Surge? | Health Policy Blog | NCPA.org
What is important to remember about Medicaid and similar programs is that you can sign up when you need care. People with private insurance can only sign up during open-enrollment periods. Sure, the people who sign up for Medicaid will …
