Thursday, May 4, 2017

Be Careful What You Wish For


I don’t have any special spot in my heart for Jim DeMint but the odds they find a better replacement is essentially 0.  The Heritage Foundation will quickly turn into a populist institution.


The geniuses at Harvard finally figured out how minimum wage increases harm those most in need.


Bubbles tend to happen when people get caught up in the social relevance of technologies.  It happened with the internet when people thought (correctly – but not the way they realized) that the internet would change a large part of how we live. Here we are again with Musk’s efforts to create electric cars integrated with solar power.  I am not saying he shouldn’t try to do it.  I am saying that the irrational exuberance of this technology combined with government propping the bubble up with subsidies to this technology will result in a big pop at some point.


If mass transit were truly needed as proven through a cost benefit analysis, I say let the private market decide, without State funding.



It takes 79 solar workers to produce the same energy as one coal worker.

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