This post is mostly for my reference. I responded at a local forum in answer to some questions about the nature of wages and the effects of productivity improvements. I dont have much experience debating economics (as opposed to capitalism) so suggestions are welcome
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What is a job?
A job is a contract between two [...]
Did you ever wonder about that story of a penny dropped from a skyscraper on a pedestrian’s head?A bullet fired in the air during a Ku Klux Klan initiation ceremony came down and struck a participant in the head, critically injuring him, authorities said. [The]bullet struck…on the top of the head and exited at the [...]
VodkaPundit: “Ive always joked that Jews who dont stay Jews end up as either communists or Objectivists.”
How true. I have two compounding explanations for this: (a) For historical and cultural reasons, Jews are more educated and intellectual than the average citizen, so they are more included towards participating in two the dominant philosophical [...]