A Basic Principle About the Minimum Wage by Jacob G. Hornberger November 24, 2017 A state-mandated minimum wage causes unemployment. It’s just a basic principle of economics. In fact, the minimum wage is why there is a chronic unemployment rate among African American teenagers of around 30-40 percent. If the minimum wage is repealed, that unemployment rate drops close to 0 percent. Employers aim to make a profit. When they ...
JFK, the CIA, and Secrecy by Jacob G. Hornberger November 22, 2017 Today marks the 54th anniversary of the assassination of President John F. Kennedy, who famously said, The very word "secrecy" is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths and to secret proceedings… Isn’t that the ultimate of ironies, ...
A Basic Principle About Drug Laws by Jacob G. Hornberger November 21, 2017 Drug laws bring into existence drug gangs. it’s just a basic principle of economics. If you like drug gangs and the violence that comes with them, then you should support drug laws. if you oppose drug gangs and their violence, you should oppose drug laws. When government enacts a drug law, the assumption is that everyone ...
A Basic Principle About Capital by Jacob G. Hornberger November 20, 2017 Imagine a farm in an impoverished country, a farm where the workers are using hoes to do their work in the fields. The farm produces 1000 bushels of wheat a year, which is sold for $10,000. The farmer’s income statement reads as follows: Revenues $10,000 Less expenses: Crop supplies $2,000
A Basic Principle About Trade by Jacob G. Hornberger November 17, 2017 In every trade, both sides benefit, from their own individual perspective. The reason is simple: Each side is giving up something he values less for something he values more. That means, then, that trade, in and of itself, raises people’s standard of living. At the moment of the trade, both traders are better off than ...
A Positive Shift Among Americans on Foreign Policy by Jacob G. Hornberger November 16, 2017 One of the burning issues of our time is the role of the U.S. government in foreign affairs: Should the United States embrace interventionism or non-interventionism? Should the U.S. government be destroying democratically elected regimes? Should it be installing into power right-wing dictatorships? Should it be partnering with and supporting brutal dictatorships? Should it be using U.S. taxpayer money to ...
The Extra-Legal Backstop for a Dangerous President by Jacob G. Hornberger November 15, 2017 The military in Zimbabwe announced yesterday that it had arrested the country’s president, Robert Mugabe. While a military spokesman denied that a military takeover was underway, all signs indicate that he is lying. The president’s whereabouts are unknown, military checkpoints have been established on streets in the capital, tanks have been seen near the capital, and the military has ...
Wedding Cakes Have Nothing to Do With Free Speech by Jacob G. Hornberger November 14, 2017 The New York Times recently carried an interesting article on the wedding-cake controversy that is now before the U.S. Supreme Court. The article pointed out that prominent lawyers who specialize in First Amendment cases are “vexed” by the controversy. The facts of the case are simple: A Colorado bakeshop refused to create a wedding cake for a gay couple. ...
The Life of the Lie on Veterans Day by Jacob G. Hornberger November 13, 2017 It should surprise no one that the life of the lie that so many Americans continue to live was manifested in all its glory last Friday, on Veterans Day. Here is just one example, from an editorial in the Gainesville Sun: … our nation must always appreciate those who stood ready and honorably to give their lives in defense of ...
The JFK Autopsy Cover-Up by Jacob G. Hornberger November 10, 2017 A classic example of the obtuseness of the U.S. mainstream press regarding the assassination of President John F. Kennedy occurred recently on television station KARE in Minneapolis-St. Paul, when the station’s reporter, Chris Hrapsky, was interviewing federal Judge John Tunheim, who served as chairman of the Assassination Records Review Board, the agency that Congress established ...
South Korea Should “Brexit” the United States by Jacob G. Hornberger November 8, 2017 With President Trump being accompanied by three U.S. carrier groups during his trip to Korea, South Koreans should pull a “Brexit” on the United States. As I counseled last April and August in two separate articles, South Korea should dissolve their alliance with the United States and kick all U.S. troops out of the country. (See “South Korea ...
Martin Luther King and Lee Harvey Oswald by Jacob G. Hornberger November 7, 2017 The mainstream media and the acolytes of the U.S. national-security establishment continue to emphasize that there are no “smoking guns” in the tiny (2 percent) of the 50-year-old JFK records that President Trump, the National Archives, and the CIA have recently permitted the American people to see. Of course, these people define “smoking gun” as a videotaped confession or a ...
