A place for civil discussion of the events of the day for Tidewater residents without the limitations imposed by media forums.
Thomas Sowell comments on public schools as an issue in Virginia’s upcoming election. He writes, “When school propaganda teaches black kids to hate white people, that is a danger to all Americans of every race.”
Sowell recommends allowing parents to choose the schools their children attend. I would do a bit more. I would eliminate compulsory education altogether.
It would appear that other than a couple of one liners from Mr Green each day, the liberal wing has retreated from the field of battle.
One sided discussions are not very interesting regardless of which side it is.
Why they have withdrawn is difficult to determine. I’m sure some will claim they were mistreated in some way, but I suspect that the true reason is that we are going through one of the most painful ‘I told you so’s in American history. No one likes to be publicly defeated.
I don’t know if they will come back after the election, but I’ll leave the blog up for now and see what happens.
The concepts of supply and demand as economists understand them are thousands of years old, but were only formalized in 1767 by the Scottish writer James Denham-Steuart in his Inquiry into the Principles of Political Economy (Wikipedia). Denham-Steuart and his contemporaries understood supply and demand as a theory of pricing; that is, as a mechanism for establishing the price of goods in an economy. It was not, however, a particularly strong starting point for a general theory of pricing for two reasons:
Continue reading “Supply and Demand”Green New Deal supporters boycott rally because Jews
I’ve always said the environmental extremists were watermelons, green on the outside and red all the way through, but I didn’t know they wouldn’t join in a rally if Jews were allowed there.
But it just confirms their hateful ideology.
See, I told you it was the parking lots
Why is Paul never around when I’m proven right?
You wouldn’t think a Harris Teeter parking lot would be a dangerous place, but it was fortunate that the intended victim was armed there.
Economists often describe money as having three distinctive characteristics, or functions. Money is:
I prefer a different typology in which money has three powers:
Chaos following “Regime Change” in Libya
The people in Libya were far better off with Gadhafi than with the lunatics and monsters he kept under control.
But you can’t tell that to arrogant elites who don’t listen to the deplorables who try to warn them
Short answer: Yes.
This sort of thing angers me more than I can say. You can’t teach religion in public schools because that would violate the separation of church and state, but apparently you can use churches to engage in electioneering. IF you are a Democrat.
My reaction is to say that being a Democrat is something to be ashamed of.
This story fascinates me because it disconnects profit from self-interest.
That the profit motive is immoral is one of the most basic complaints about capitalism, but also one of the most fallacious. It misses the fact that profit is the source of process improvements that increase productivity. Instead of pretending to be psychologists whose theories depend on incentive networks, economists should talk more about the “process improvement motive,” or about profit as a business expense.
In any case, the notion that so-called public goods would not exist unless government provided them is thoroughly debunked. The singular role of government to serve as the producer of public goods is simply mythical.
The standard model for the origins of money holds that there must have been a time when no such thing as money existed. In those days, supposedly, people were as motivated to improve their material well being as we are now and therefore they engaged in exchange to acquire goods that would make them better off.
Continue reading “On the Origins of Money”
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