Some Links

by Don Boudreaux on April 24, 2016

in Cleaned by Capitalism, Energy, Environment, Religion, Seen and Unseen, Trade, Video, Work

Georgetown University philosopher Jason Brennan has some questions for advocates of a government-mandated “living wage.

Kevin Williamson entertainingly exposes the ignorance of economics and the retrograde notion of the individual’s relation to the state that are shared by most advocates of minimum wages.  A slice:

Krugman, Clinton, Sanders, et al. have a backward and primitive view of government. For them and for their fellow Hobbesians, the Middle Ages never really ended, and the role of the sovereign is to distribute benefices and issue decrees. Unhappy with your wages? Petition the prince to decree that they shall be otherwise, and dare any gimlet-eyed economist to point out that the imperial tailor is skimping on the ermine.

(Actually, even people in the middle ages weren’t quite as naive as are Krugman, Clinton, Sanders, et al.  In Europe, at least, such naiveté didn’t arrive en masse until the 16th century.)

Jack Salmon explains the devastation that the minimum wage has unleashed on the people of Puerto Rico.

In the May 2016 issue of Reason, Johan Norberg explains that, indeed, America should be more like Sweden.  A slice:

Sanders is right: America would benefit hugely from modeling her economic and social policies after her Scandinavian sisters. But Sanders should be careful what he wishes for. When he asks for “trade policies that work for the working families of our nation and not just the CEOs of large, multi-national corporations,” Social Democrats in Sweden would take this to mean trade liberalization—which would have the benefit of exposing monopolist fat cats to competition—not the protectionism that Sanders favors.

Alex Epstein explains that the planet has never been cleaner for humans than it is today.  A slice:

To master nature, we’ve drained swamps, reclaimed land, cleared forests, built roads, constructed glass and steel skyscrapers. We’ve irrigated deserts, developed fertilizers and pesticides, linked oceans — all of it in humanity’s incredibly successful effort to create a safer, cleaner, more habitable world. And we did most of this using machines running on cheap, plentiful, reliable energy from fossil fuels.

University of Virginia law professor Jason Scott Johnston shows that centrally planned energy provision is bad for the economy and bad for the environment.

Ross Kaminsky recently interviewed CEI’s Sam Kazman on government-inquisitors’ persecution of private citizens who speak out in opposition to the dogmas of the Church of Climate Change.  The interview starts around the 1:04 mark.


Add a Comment    Share Share    Print    Email

Previous post:

Next post: