$8.50 an hour? Why be stingy? What about $85 an hour? $850 an hour?

Once upon a time, the editors of the New York Times used to editorialize against the establishment of the minimum wage, as they appealed to the arguments centering around the Law of Opportunity Cost. However, soon after Paul Krugman joined the NYT team as a columnist, the paper reversed its stance and decided to champion government-set price floors More...

by William L. Anderson | Published 2 days ago
By Judy Aron On Tuesday, February 21st, 2012
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Fat Tuesday – Laissez Les Bons Temps Rouler!

Fat Tuesday is Mardi Gras, the festival New Orleans, Louisiana, is famous for. “Mardi” is French for Tuesday and “Gras” is French for fat. Rex parade on Canal Street, Mardi Gras, New Orleans, More...

By deskofbrian On Monday, February 20th, 2012
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ESPN firing over ‘Chink in the armor’ comment ridiculous

Photo/Cyberkuhn via wikicommonsNo “Chink in the Armor” is not only offensive, is a phrase worthy of losing your job. Jeremy Lin, born in the U.S. is of Taiwanese heritage, is off to one of the best starts More...

By deskofbrian On Monday, February 20th, 2012
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Umar Patek, denies ties to Osama Bin Laden, case to be dropped?

BALI bombings accused Umar Patek has denied seeking to meet al-Qa’ida chief Osama bin Laden before his capture in Pakistan last year. Patek, whose trial on six terrorism charges resumed today in Jakarta, was More...

By deskofbrian On Monday, February 20th, 2012
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Chaniya Wynn, 1-year-old, found dead with parents in bizarre murder suicide

From Cleveland comes a strange story. Thomas Lorde, a wanted man kidnapped his estranged girlfriend at gunpoint along with her 1-year-old she was pushing in a stroller, Cleveland police said Sunday, and all three More...

By deskofbrian On Sunday, February 19th, 2012
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Oliver Stone’s son, supports Iran’s Ahmadinejad, converts to Islam

Director Oliver Stone’s son, Sean, has now converted to Islam while filming a documentary in Iran. The 27-year-old Sean has long been a backer of genocidal anti-Semite Mahmoud Ahmadinejad. “Iran is ruled by More...

By deskofbrian On Friday, February 17th, 2012
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Joy Behar compares Virginia Ultrasound bill to ‘Taliban’

Joy Behar on “The View” went after the Virginia bill, adding ultrasound testing to the pre-abortion protocols, denouncing it as “so frickin’ intrusive to a woman’s body” and making More...

By deskofbrian On Friday, February 17th, 2012
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Umar Farouk Abdulmuttalab, Underwear bomber, gets life in prison

Umar Farouk Abdulmuttalab, the famous “Underwear Bomber”, was sentenced to life in prison. A federal judge in the US has sentenced the Nigerian man to life in prison for attempting to blow up a US airliner More...

By William L. Anderson On Friday, February 17th, 2012
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Russ Roberts on “Postwar Austerity”

I know, I know, Keynesians never are wrong. Only government spending can give us prosperity, and that certainly is what the greatest of the Keynesians were saying as the end of World War II approached. Russ Roberts More...

By William L. Anderson On Thursday, February 16th, 2012
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Is government spending really “investment”?

In a recent blog post, Paul Krugman claims that the lack of spending by state and local government is undermining our “weak recovery.” Of course, he understands that the decline in state and local More...