Is Free College Tuition a Good Idea?

Higher education is a great thing. It fosters intellectual curiosity, directs our occupational efforts into things that are economically and culturally beneficial, and enriches humanity’s standard of living. So should the cost of tuition be free to students? President Obama thinks so. Last year he proposed that at least two years of community college should…

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California’s Manufactured Water Crisis
and Ineffectual Solutions

California, where I live, is in the midst of a severe drought, with 2013 being the driest calendar year in the state’s history. Naturally, people are distraught over all the implications, from agricultural irrigation to effects on wildlife habitats to personal home use. The prevailing reaction has been a call to conservation and up until…

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Minimum Wage:
Economically and Morally Bankrupt

President Obama, in his most recent “state of the union” speech, addressed a topic that, though it has been disproven countless times, is so politically popular that future politicians will doubtlessly echo it beyond the lifetime of the present Union: “Tonight, let’s declare that in the wealthiest nation on Earth, no one who works full-time…

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Robert Reich is Shortsighted and Wrong

“Among the most viable of all economic delusions is the belief that machines on net balance create unemployment.  Destroyed a thousand times, it has risen a thousand times out of its own ashes as hardy and vigorous as ever.  Whenever there is long-continued mass unemployment, machines get the blame anew.”

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Full Employment is NOT the Goal!

This week, it was announced that the unemployment rate in the United States had fallen to 7.8%, the lowest rate since President Obama took office in 2009.  The data show that 325,000 jobs have been added to the economy during Obama’s tenure, numbers that are sure to be used as a talking-point in his favor…

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The Basics of Economics:
A Primer for the Uninitiated

Economics is a curious discipline, at once simple and complex.  It is simple because it tells a story that nearly everyone already knows through experience.  By this, I do not necessarily mean all the specific economic concepts that require technical language:  production, distribution, consumption, supply, demand, credit, debit, capital, labor, etc.  We can get into…

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