Capitalism (page 76)

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    We need to do more of this

    Don Boudreaux rewrites this first sentence to accurately reflect economic science. Here’s the opening sentence of a new Congressional Quarterly report (HT Andy Roth): House Democrats are pushing new legislation that would aim to steer more federal dollars toward American manufacturers by extending “Buy America” requirements for infrastructure projects…
    Michael Sanera, December 2, 2011
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    Our interests or the banks’ interests?

    Kevin D. Williamson probes the Fed’s motivation in his latest column for National Review Online: The question is: What is the Fed thinking? Is it looking out for the United States, or is it looking out for the banks? The generous interpretation…
    Mitch Kokai, December 1, 2011
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    Shhh …. don’t tell them

    Given the Occupy movement’s general antipathy toward capitalism, the following passage in a News & Observer report on Occupy Raleigh’s new home base is particularly amusing. Property owner Rob Baumgart, a Raleigh businessman, said he offered his land after reading about the group’s plight…
    Mitch Kokai, November 29, 2011
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    Confessions of an exploited child laborer

    The headline is sarcasm, by the way. For those unfamiliar with my story, I grew up on a sheep and cattle farm in New Zealand—and yes, my parents had all of their six children work alongside them from as young as we can remember. For some jobs, they…
    Fergus Hodgson, November 23, 2011
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    The role of Real Jobs NC in North Carolina elections

    The U.S. Supreme Court’s Citizens United ruling helped pave the way for a 527 group called Real Jobs NC to participate in the state’s 2010 legislative elections. Real Jobs NC executive director Roger Knight described the group’s role — and its success — during a presentation today to…
    Mitch Kokai, November 14, 2011
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    New Carolina Journal Online features

    This week’s Carolina Journal Online Friday interview features a conversation with Mount Olive College economist Paul Cwik about the failure of Keynesian economics and “Say’s revenge.” Dsvid Bass’ guest Daily Journal explains why it’s time for the millennial generation to grow up.
    Mitch Kokai, November 11, 2011
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    Barone sticks up for the puppet guy

    Unlike some fellow conservative commentators, Michael Barone has no desire to poke fun at an Occupy Wall Street protester who quit his job as a public school drama teacher to spend $35,000 on a master’s degree in puppetry. I think that in quitting a…
    Mitch Kokai, November 10, 2011