Gotta capture this one for the books. This week started off with a viral video clip of Dr. David Dao's violent removal from Flight 3411 because, though the flight was NOT overbooked, 4 airline employees needed the seats to get to Louisville for other flight duties. So after an unsuccessful attempt at offering up to … Continue reading Anyone Want to Fly United?
Category: Economics
A quick thought on the additional benefits of the Free Market
Any reputable economist will tell you that the cure for racism, sexism, and religious xenophobia is not regulation or more government but the Free Market. When I buy a digital song or a car or a pair of jeans or a TV or a house or some chimichangas, I am unknowingly supporting millions of people … Continue reading A quick thought on the additional benefits of the Free Market
An Evening With Bastiat
Yesterday, my wife and I attended a lecture hosted by the Charlotte chapter of the Bastiat Society. I was thrilled to learn there was a local chapter in Charlotte and even more excited to learn there was a free lecture being given on Capitalism. Those who don't know, Claude Frédéric Bastiat was a 19th century … Continue reading An Evening With Bastiat
What Would You Say, Ya Do, Here?
Just a short thought prompted by an exchange I had recently on Facebook with a former student of mine. When it comes to Labor, there's a difference between Value and Activity. In the free market, Value is determined by the Consumer. Whoever is buying decides if the good or service offered has enough Value to … Continue reading What Would You Say, Ya Do, Here?
Licensing vs. Certification
One of government’s favorite tools used to control us is Licensing. In many states, if you want to sell hot dogs from a cart, build a home, decorate offices, repair cars, shampoo hair, or help someone sell/buy a home, you first need to get a license. In other words, you are forbidden from performing any … Continue reading Licensing vs. Certification