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Ales Rarus
A Rare Bird, A Strange Duck, One Funky Blog
random thought of the moment:
The truth is that the state must hide not only its wars but all of its activities. It hides its inflation. It hides the effects of its taxation and its protectionism. It fears anyone who draws the cause-and-effect connection between its activities and their deleterious consequences for the rest of us. It is the most destructive force in our world. Because that truth is so momentous, the state does everything possible to hide the smallest drop of blood.
— Llewellyn H. Rockwell Jr., “The Seen, the Unseen, and the Hidden Costs of Statism” [July 28, 2008]
price floor
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 […]
