Monthly Archives: May 2012
The summertime blues: Being young without a job
In the title song, the 50s rockabilly song, ”The summertime blues,” the song’s character has a summer job. Now, the summertime blues is more about how hard it is to get a summer job. My young adult son is looking for a summer job in Baton Rouge and is not finding it easy. But part-time and summer [...]
Once again on regulating ourselves away from prosperity and along the road to serfdom
Frederick Hayek wrote a profoundly prophetic book titled The Road to Serfdom in 1944 in which he suggested that there was very little difference between the International Socialism of the Russian Communists and the National Socialism of the German Nazis. Of course, at the time the Russians were our allies and the Germans our enemies. Yet, in his little [...]
Raising prices and reducing opportunities in one easy lesson
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. It is impossible indeed to prevent such meetings, by any law which either could be executed, or would be consistent with liberty and justice. But [...]