ARTICLES 17 MAR 12
Posted under Conservative Links,General,MN GOP,News,Republican Opinions on March 17th, 2012 by StephenKallestad
ECONOMICS / BUSINESS In this article entitled, “How Government Distorts Labor Markets,” the author discusses how government intervention into labor markets (just like interventions into the Capital markets) create malinvestment and waste. Here’s a good but brief editorial discussing the problem of the short-term financing of government debt. What happens [...]
ARTICLES 10 MAR 12
Posted under Conservative Links,General,News,Republican Opinions on March 10th, 2012 by StephenKallestad
ECONOMICS / BUSINESS Here’s a spectacularly good, yet brief article, covering the major misconceptions about trade. Importantly it discusses the economic error (currently being advocated by President Obama and Rick Santorum) of believing that manufactures deserve special treatment. Picking “winners and losers” inevitably leads to more losers than winners. “Manufacturing is [...]
ARTICLES 24 FEB 12
Posted under Conservative Links,General,News,Republican Opinions on February 24th, 2012 by StephenKallestad
ECONOMICS / BUSINESS Here’s a frightening, yet hopeful story about US economic history from Professor of Economics, Jeffrey Rogers Hummel, at San Jose State University. Liberal economists hate the “Laffer Curve,” which says that after a certain point higher marginal tax rates reduce tax receipts, poo-pooing it every chance they get. The only problem, [...]