February 28, 2013

Minimum wage: Taxation by Misrepresentation

I know this is hard for our low-information citizens to understand -- so I'm going to keep this as simple as possible.Your well-intentioned feelings about the minimum wage do not trump facts about the minimum wage!Increasing the minimum wage does not...

October 10, 2012

Cell Phones and College Tuition

In 1978, my college tuition was about $1,200 per year.  In 1985 my first cell phone also cost me $1,200, and its sole function was that it could make phone calls -- at about a buck per minute.  (Motorola's first cell phone hit the market at...