Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts
Andrew Langer: Free Markets Vs False Markets
Government puts shackles on producers. One of the great benefits of free markets is that they are eminently adaptable, constantly changing to meet the forces of supply, demand, and price. They are, in many ways, like organisms or ecosystems, evolving over time to improve. As factors change, industries or firms meet those changes, ... MOREBrenden Moore: California To Hike Minimum Wage
Increased labor price means increase unemployment. The question over whether to raise the minimum wage has been brought back to national attention as California prepares to pass a measure setting the highest minimum wage rate in the country. By 2016, the state’s price floor will be $10 per hour. By comparison, the national minimum ... MOREJohn Stossel: The Milk Of Human Blindness
Milking buyers and sellers. The Denver Post warns, "Milk, food prices could rise if Congress fails to act." Congress is working on a farm bill, which, among other things, will set limits on how high or low milk prices can be in different regions of the country. Politicians from both parties like to meddle in agriculture. When the Heritage ... MOREIra Stoll: Obama's Bogus Case For A "Decent Wage"
The president's latest bad economic idea. President Obama’s high-wage vision of the American economy could make a consumer’s typical shopping trip nearly five times more expensive. Think that’s an exaggeration? Obama promised recently
that for the “remainder of his presidency” he would focus his
energy on “asking our businesses ... MOREWhy The White House Is Panicking About ObamaCare
by John Goodman. Actors. Actresses. NFL football players. Baseball players. Librarians. Mayors. City councilmen. Members of AARP. The Obama administration is looking far and wide, leaving no stone unturned in a relentless search for…well…for help. Help with what? Help with getting people to enroll in health insurance plans this fall. ... MORE
Peter Schiff: Record Physical Gold Sales
Best hedge against inflation. Peter Schiff appeared on Fox Business this morning to talk about the market’s perception of gold, the extraordinary surge in gold sales this month, and hidden inflation in the US and Japan. “Gold has been up for 12 consecutive years. It’s entitled to a correction. It’s incredible how the media has jumped all over ... MOREWalter E Williams: Price Versus Cost
The stifling effect of taxation. Suppose you buy a gallon of gas for $3. How much did it cost you? You
say, "Williams, that's a silly question. It cost $3." That's where
you're mistaken, because there's a difference between price and cost. To
prove that price and cost are not the same, consider the following.
Suppose you live and work in New York ... MOREIf There Is No Inflation, Why Are Prices Up So Much?
by Michael Sivy. Last week, I ran out of ink for my printer and ordered some more online. My computer automatically pulled up the previous order, and I was shocked to see that the price of the ink cartridges I was buying had gone up 25%. To my mind, ink always seems overpriced. Manufacturers sell printers cheaply because they know that they ... MOREWalter E Williams: Higher Minimum Wages
A maximum folly. In his State of the Union address, President Barack Obama proposed raising the minimum wage from $7.25 an hour to $9 an hour. That would be almost a 25 percent increase. Let's look at the president's proposal, but before doing so, let's ask some other economic questions. Are people responsive to changes in price? For example, if the price of ... MOREPush For Minimum Wage Ignores Economic Reality
by Steve Chapman. President Barack Obama and Democrats in Congress want to raise the minimum wage to improve the lot of the working poor. But they've got the wrong idea. The problem is not that these workers earn so little; it's that the things they buy cost so much. I propose instead to outlaw high prices. No one, after all, likes paying too much. ... MOREVIDEO: Why The Price Of Everything Is Going Up
The more money put into circulation, the more there is to bid up prices.
Sally Pipes: ObamaCare Guarantees Higher Premiums
Health insurance to go up $3,000 + higher. President Obama will deliver a second inaugural address later this month. He’ll no doubt reflect on what he’s done during his first four years in office — and on his signature healthcare law in particular. Let’s reflect with him. During his first campaign for the presidency in 2008, the president promised ... MORE
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