Category Archives: Poverty

Is the Internet killing jobs?

Awhile back I wrote how the Internet is an incredible bargain.  I pointed out that we get high amounts of consumer surplus from the Internet.  In short, the Internet has been really good for consumers. Job-destroying Technology Yet, the other … Continue reading

Posted in Better Thinking, Economics, Poverty | 2 Comments

Don’t Hurt Others When You Name Your Baby

A friend recently told me he was glad he could give his son a name that “carried on the family name.”  Because he had a son, his last name would propagate, and by “re-using” a family first name he could … Continue reading

Posted in Economics, Just for Fun, Poverty, Solutions | 3 Comments

The Educational Industrial Complex

A new paper by Nobel Economist James Heckman is incredibly interesting if you care about the present and future of lower-income Americans.  He discusses why the War on Poverty failed, the importance of families in skill production, and why later-life … Continue reading

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The Presidential Politics of Ag Subsidies

Presidential Posturing I’ve occasionally said the U.S. Senate consists of 100 people each convinced they should be president.  Consequently, your typical Senator doesn’t want to ever inhibit any future presidential prospects he or she might have. Due to the quirky … Continue reading

Posted in Better Thinking, Economics, Poverty, Solutions | 6 Comments

Do We Fear Markets Won’t Work?

Article first published as Do We Fear Markets Won’t Work? on Technorati. “Status quo bias” keeps people from trying good ideas.  It is the human tendency to resist changing a behavior.  Even as a society, we avoid potentially beneficial changes … Continue reading

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Tax the Rich, Hurt the Working Man

“Taxing the rich” seems like it is gaining in popularity these days.  By definition, most of us aren’t rich so taxing the rich is something a lot of people will vote for.  Given our jealousy of others having more, tax … Continue reading

Posted in Better Thinking, Economics, Poverty | 2 Comments

What a $300 House Teaches Us About Big Business

Article first published as What a $300 House Teaches Us About Big Business on Technorati. The Economist magazine ran an article this week on an initiative to develop a $300 house to replace the slum dwellings of over 800 million … Continue reading

Posted in Economics, Poverty, Solutions | 8 Comments