AUSTRIAN ECONOMICS ADDICT

 The pen is mightier than the sword… (Photo credit: mbshane)

How Michelle Obama’s Daughters Eat vs. The Rules She Has Set Down For Public School Kids, at economicpolicyjournal.com. The fact that the ruling elite don’t have to abide by the rules they impose on the benighted masses is one thing. The more important point is, a  Government that has the power to make this mandate has too much power, and is therefore tyrannical.

How The Real World Reacts When Minimum Wage Laws Raise The Cost Of Labor Above What It Produces, at economicpolicyjournal.com. Here is the money quote from the article,“If government could transform unskilled entry-level positions into middle-income jobs, the Soviet Union would be today’s dominant world economy. Spain and Greece would be thriving.”

Mayo Clinic To Bring A Medical Kiosk To An Employer Near You, by Jeff Hansel, at m.postbulliten.com. Health care “affordability” would have taken care of itself if politicians in the Democrat party would have passed legislation that moved healthcare toward a free market system instead of passing “The Affordable Care Act”. This article is an example of markets reducing costs and providing a better product for the consumer.

Obamacare Causes Wal-Mart To Cut Benefits For Some Part Time Workers, by John Lott, by johnrlott.blogspot.com. This is the opposite of what you read about in the above post regarding the Mayo Clinic. Government intervention in the free market produces outcomes that have higher costs and inferior products.

3D Printing Entire Homes And Neighborhoods May Be Just Around The Corner, by Michael Krieger, at libertyblitzkrieg.com. Technology is in the process of changing how we do things in ways we can’t even imagine. Technology is advancing  faster than Government can regulate it (the fracking revolution is another example). This gives me hope that at some point, our current experiment with big government will someday be a chapter in history that people will read about and say, “what made them think that would work”.

“Common People Do Not Carry This Much Currency”. How Police Justify Theft via Civil Asset Forfeiture Laws, at zerohedge.com. Taking money without probable cause, is only going to escalate the tension between police and citizens. Watch the video in this post, it makes great points in a humorous way.

Hong Kong Ranks First In Economic Freedom, The US Is Twelfth, at freetheworld.com. We were ranked second in ‘2000’ , but a decade of regulation, Fed counterfeiting, loss of property rights, and growth of Government has us cheering, “we’re number 12, we’re number 12”! We are not moving toward more individual, economic, and political freedom.

How The US Ranks In Corporate Tax Rates (Not Pretty), at economicpolicyjournal.com. The US has the highest corporate tax rate in the world! We’re number 1, We’re number 1!

Upcoming Anniversary: Oct. 1st Will Mark 18 Years Of No Global Warming, by Barbara Hollingsworth, at cnsnews.com. The evidence doesn’t match the chicken little rhetoric.

A Decade After Welcoming Wind, States Reconsider, by Sean Murphy, at eaglefordtexas.com. Here is a quote form the article, “Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly, even in red states like Oklahoma, where candidates regularly rail against government interference.” Politicians used Government subsidies and tax breaks to allow an industry to exist that would have probably had problems competing in a free market. Government picked the winner. Now they want to regulate an industry that wouldn’t have existed without the previous regulation. Here is my advice; repeal all regulations pertaining to wind, and allow the market to pick the winners and losers.

Reasons For Political Hope, by Bruce Thornton, at victorhanson.com. I know it’s hard to believe, but I am optimistic that freedom will win out over tyranny. It may not seem like it right now but there are signs that we are starting to wake up.