Category Archives: economics

No Tenure for Teachers

"The [New York State teachers'] unions late Tuesday were successful in banning student performance in the classroom from the tenure process." Say what?! News stories like this drive me nuts. There should be no such thing as tenure for teaching faculty who are not also professional researchers. The latter need tenure to protect them from malicious […]

The Ontological Status of Tobacco

Tobacco Regulation Smokescreen Have you ever seen anyone sit down at the breakfast table and pour themselves a big ol' bowl of cigarettes? Of course not. Why not? Because cigarettes aren't food, that's why. Have you ever seen someone at the drug store waiting for their prescription of Marlboros? Of course not. Why not? Because cigarettes aren't […]

It's the Market, Stupid: Negative Economic Impacts of Raising the Minimum Wage

Before beginning to write this article, I was of the opinion that minimum wage should at least be adjusted for the cost of inflation, but I had put little additional thought into the matter. Raising the minimum wage is certainly a popular idea with Americans today. Indeed, Americans overwhelmingly support an increase in […]

Port Authority Transit is Riding Me

Somebody at Port Authority Transit must have a screw loose. Port Authority transit cutbacks are biggest in history The series of bus and trolley changes include eliminating: 124 of 213 weekday bus routes. 55 of 100 Saturday bus routes. 26 of 75 Sunday and holiday bus routes. Light-rail service would be trimmed by cutting hours of operation and increasing the time […]

Caesar Can Get Bent

What a crock."Did you buy anything through the Internet last year without paying sales tax at the time? If you did, state tax collectors warn that you'd better say so by April 17 and write a check—or else." "Online purchases from sites like Amazon.com and eBay may seem to arrive in a state of untaxed […]