Category: Economic Fallacies

Boulders in the Stream

Supposedly this [law] would help the underdogs: small booksellers and new authors. Ironically it does the exact opposite. It is the unknown author that has the greatest incentive to discount heavily in order to entice someone unfamiliar with their work. It is small book sellers that are most likely to haggle or “make a deal” when someone makes a substantial purchase.

Pool your own resources

So, it’s not that people want access to a pool per se, (clearly there is already “access” locally), it’s that they want someone else to foot the lion share of the bill. Getting the county to provide these things means that when you utilize them a disproportionate burden of the cost is shifted to (a) all those with a higher property value than yours and (b) all those that use it less than you do. Subsidization, pure and simple.

February 04 / 2015
Author Greg Morin
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The Giving Tree of Debt

It’s that special time of year once again – The Giving Tree in Washington DC sheds its last few monetary leaves as fall approaches. The congressional summer recess has left the tree starving for the one thing it needs to flourish and produce those precious greenbacks: BS. As the pontificating blowhards in Congress resume their […]

August 14 / 2013

Bangladesh Robber Baron fallacy

Just read this article about the Bangladesh factory disaster this morning. Truly terrible what happened, however the usual progressive/statist smugness comes to the surface pretty quick in the comments “oh see what the free market causes, we need government to save us from these evil people.” Here’s my response on the board to that sentiment […]

May 10 / 2013
Author Greg Morin
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