Archive for the 'Economics' Category

No longer trusted to tell them what’s ‘news’

Sunday, July 29th, 2012

For centuries, a few hundred wealthy individuals, families and corporations have had de facto control over what we consume as “news” — simply because they could afford to buy big printing presses, and ink by the barrel. Despite early fears in the newspaper industry, neither radio nor television ever broke this monopoly. You’d quickly realize […]

Get a job

Tuesday, June 19th, 2012

Summer jobs for teen-agers are disappearing. Fewer than three in 10 American teenagers will hold jobs such as running cash registers, mowing lawns or busing restaurant tables from June to August, this year. The decline has been particularly sharp since 2000, with employment for 16-to-19-year-olds falling to the lowest level since World War II.

Layoffs here, layoffs there … now let’s shut down a thousand smoke shops!

Sunday, June 17th, 2012

Jeffrey Armstrong is a soft-spoken guy, of evident Caribbean origin. He’s the owner and sole proprietor of “The Smoke Zone,” a rented storefront next to the Quizno’s on Rancho Boulevard just north of Charleston — though it’s one of several similar “RYO (Roll Your Own) Filling Stations” in Southern Nevada. The basic pitch? Cheap cigarettes.

What happened to the mule deer?

Sunday, March 25th, 2012

In 1988, hunters bought 51,011 deer hunting licenses (“tags”) in Nevada, and harvested 26,784 mule deer. In 2008, the Nevada Department of Wildlife sold 16,997 tags. Hunters bagged only 7,025 deer.

The ‘Green Road’ to economic ruin

Monday, November 14th, 2011

The political cyncism of President Barack Obama — who’s been on a seemingly non-stop “jobs”-themed re-election tour for a month — as he now postpones for another two years the creation of thousands of high-paying, private-sector jobs building a pipeline to bring $15-a-barrel Canadian oil to American refineries, is stupefying. The $7 billion, 1,700-mile Keystone […]

What about existing businesses?

Monday, October 24th, 2011

The firm currently has only seven employees. Nonetheless, the recent decision of Walls 360 — a graphic arts firm that licenses images from children’s books and video games to make life-size wall art — to relocate from San Francisco to downtown Las Vegas is welcome news to a city that’s struggled with the financial effects […]

Only a few billion left: Quick, let’s subsidize a perpetual motion machine!

Sunday, October 16th, 2011

Imagine some Great Reformer back in 1650 had decided we needed to replace sailing craft, since it took so many men to run a sailing ship that they had to live crammed together in wall-to-wall hammocks, with little hygiene and even less privacy, under a discipline little better than slavery? Imagine a powerful government at […]

Repeat after me: I will never again be an ‘employer’

Sunday, October 9th, 2011

There are Alien Abduction and crop circle Web sites. There are Web sites that argue the Holocaust and the moon missions were faked. And now, at www.propublica.org/blog/item/whats-the-evidence-that-regulations-kill-jobs, you can read about how regulation doesn’t cost jobs, since all jobs lost in the regulated industries are replaced by new and better jobs in the regulatory agencies […]

You couldn’t BURN money as fast as Obama is flushing it away

Monday, September 19th, 2011

Half the government’s $38.6 billion is spent. Result? 3,545 new, “permanent” green jobs created, at a cost of a mere $5.6 million per job — leaving just 61,455 promised jobs to go. Yet the Energy Department says the Obama administration’s green-jobs loan guarantee program is still on track to meet its employment goal!

What about all those billions in ‘subsidies for Big Oil’?

Sunday, September 11th, 2011

English was not the first language of the great Austrian economist Ludwig von Mises. Hearing his graduate students at New York University repeatedly use the colloquial expression “loopholes,” he asked for an explanation. After the concept had been explained to him, according to his late student Murray Rothbard, the great economist said, “Ah, so a […]