Irony Alert

There is this guy, Lew Rockwell, who writes regularly on these pages. I don’t know if you’ve noticed it or not, but the man is an extremist. Yes, I repeat that: an extremist! He has no sense of proportion, nor balance. Instead, he marks out the most extreme positions on any given subject, and tries to make them sound, horrors!, reasonable.

Another Fascistic story out of Chicago

This story is a little older but it shows the path down which Chicago is going. It is quite saddening to see our cities becoming increasingly regulatory and Fascistic. In this article, Fran Spielman writes about the incredible drive one alderman has to ban fatty foods from the streets of Chicago. This comes after a report listing Chicago as the one of the most obese cities in the United States. The alderman is attacking one specific type of fat, Trans-fatty acids.

Chicago Mandates a “Living Wage”

Chicago now has this great new law:

The measure requires retailers with more than $1 billion in annual sales and stores of at least 90,000 square feet to pay workers at least $10 an hour in wages plus $3 an hour in fringe benefits by mid-2010.

Does this mean a 16 year old kid must be paid 10 bucks per hour plus benefits from day one? Possibly, although I haven’t seen the law. Naturally, this will drive discount stores out the area, making poor people the big losers.

The Non-Econometrician’s Lament

I just found this, and it’s marvelous!

* * * * * * * * * * * * * * * * * * * * * * * *

As soon as I could safely toddle

My parents handed me a Model;

My brisk and energetic pater

Provided the accelerator.

My mother, with her kindly gumption,

The function guiding my consumption;

And every week I had from her

A lovely new parameter,

With lots of little leads and lags

In pretty parabolic bags.