A Fair Wage

You hear it from them all the time; teachers just want a fair wage. Oh, well who doesn’t? This line of thought begs two questions: How are wage rates established in a free market? And, are market wage rates fair?

 

Gasoline at 10 Cents a Gallon and Falling

Does gasoline at 10 cents a gallon and falling sound impossible in today’s world? Well, if you think it’s impossible, you’re wrong.

Because that’s where gasoline actually is, and it looks like it’s going even lower.

Of course, it’s not 10 cents a gallon in today’s paper money. But it is 10 cents a gallon in the Constitutional money of the United States, which is gold coin and bullion.

George W. Bush’s Nixonomics

It was a familiar time.

It was a time of a Republican administration waging an unpopular war. It was a war some Democrats said they opposed but seemed to do very little to stop. Inflation was starting to become a problem.

America’s allies thought our president’s economic and political polices were flawed and they were often ridiculed. Anti-Americanism was popular. The Republican president infrequently disagreed with Democrats about the welfare state.

Stories from today’s newspapers? Not exactly.

No Pictures Please

Let us be honest. I’m only a 93% Libertarian and roughly a 90% patriot. That’s why I curse our Alabama Legislature’s proposal to mount cameras at traffic intersections, but view with calm equanimity the wiretapping of suspects or even suspected suspects who’d like to blow up New York City; or poison Chicago’s water supply or otherwise harm me or my countrymen.