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Category Archives for "Economics"

How the economy really works, how to fix it, who is breaking it, and why they are breaking it.

The Tragedy of the Minimum Wage

An increasing percentage of adults of average intelligence are making at or near the minimum wage, which is a tragedy from any perspective, and thus a popular solution today is to double the minimum wage. Bernie Sanders is the Presidential candidate promising to double the minimum wage. He says it’s because he really cares about […]

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Investing: Professionals vs. Individuals

I have heard many myths that claim the small investor shouldn’t waste his time and money, but some of the most annoying are the following: Why should individual investors even try? After all, how can they outperform professional investors? – or – In any trade, one of the two parties is the fool, so if […]

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