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Posted By Don Boudreaux On April 9, 2013 @ 1:36 pm In Adam Smith,Debt and Deficits,Myths and Fallacies,Taxes,Trade,Work | Comments Disabled
Christina Hoff Sommers productively ponders Equal Pay Day . Here’s a slice:
Though the United States has fewer women in the workforce (68 percent compared to Sweden’s 77 percent), American women who choose to be employed are far more likely to work full-time and to hold high-level jobs as managers or professionals. Compared to their European counterparts, they own more businesses, launch more start start-ups, and more often work in traditionally male fields. As for breaking the glass ceiling in business, American women are well in the lead….
One policy issue on which libertarians are divided is that of, what is called in the U.S., “right to work” legislation. Chuck Baird discusses his interpretation of Milton Friedman’s view of such legislation .
Here’s Bill Anderson on Paul Krugman’s most-recent assertion that the burden of internally held government debt is negligible because “we owe it to ourselves. ” Seldom does a simple pronoun cause such muddle-headedness as does use of “we” in this manner. Adam Smith called such muddle-headedness “sophistry” – sophistry given further power by the mighty engine of sophistry that is mercantilism . (Having already posted frequently on this topic, I’ll refrain from doing so again now, but for those who wish to review, you can begin here .)
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URLs in this post:
 Christina Hoff Sommers productively ponders Equal Pay Day: http://www.aei.org/article/society-and-culture/race-and-gender/lessons-from-a-feminist-paradise-on-equal-pay-day/
 In my latest Pittsburgh Tribune-Review column I discuss one of the many counterintuitive results of the principle of comparative advantage: http://triblive.com/opinion/donaldboudreaux/3773492-74/producing-smith-ben#axzz2Pw6U5lkk
 Richard Rahn explains that fear is a valued coin of the IRS: http://www.washingtontimes.com/news/2013/apr/9/collecting-taxes-dispensing-fear/
 Greg Mankiw reacts to a truly and stupendously bad idea about to come down the pike from the Obama administration: http://gregmankiw.blogspot.com/2013/04/the-presidents-latest-bad-idea.html
 Chuck Baird discusses his interpretation of Milton Friedman’s view of such legislation: http://www.fee.org/the_freeman/detail/milton-friedman-right-to-work-and-free-riders#axzz2PzFp9n1I
 Here’s Bill Anderson on Paul Krugman’s most-recent assertion that the burden of internally held government debt is negligible because “we owe it to ourselves.: http://krugman-in-wonderland.blogspot.com/2013/04/borrowing-and-spending-way-to-wealth.html
 Adam Smith called such muddle-headedness “sophistry” – sophistry given further power by the mighty engine of sophistry that is mercantilism: http://cafehayek.com/2013/01/adam-smith-on-the-myth-of-we-owe-it-to-ourselves.html
 here: http://cafehayek.com/2013/01/one-more-time-part-ii.html
 Good things are happening at Texas Tech: http://blog.independent.org/2013/04/03/texas-tech-free-market-institute/
 Here’s Walter Olson on Margaret Thatcher: http://www.cato.org/blog/thatcher-anecdotes-biographer
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