A Journal for Western Man :  Issue LXVI

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Economics

 

The Living Wage Myth:

Dr. Gary M. Galles

July 7, 2006:

Dr. Gary M. Galles critically reviews the 2002 study by Michigan State economist David Neumark, the main conclusion of which is that, despite causing increased unemployment among the lowest-wage workers, "living wage laws raise the wages of low-wage workers." Dr. Galles notes that Dr. Neumark's study does not suggest nearly the radical conclusions that minimum-wage supporters contend it does; furthermore, Dr. Neumark's evidence provides flimsy support, if any, for his main thesis.

 

A Conversation with Milton Friedman:

Dr. Larry Arnn and Dr. Milton Friedman

July 8, 2006:

Dr. Larry Arnn discusses contemporary domestic and international economic issues with the Nobel-Prize-winning free-market economist Milton Friedman. Dr. Friedman gives his evaluations of the battle against government growth, the quest to give more control over education to students and parents, and trends in the global economy.

 

Toward a Reconstruction of Utility and Welfare Economics (1956):

Dr. Murray N. Rothbard

July 10, 2006:

In this extensive and foundational 1956 essay, Murray Rothbard endeavors to base utility and welfare economics on the principle of demonstrated preference-- fundamental to the Austrian School of Economics.

 

Federal Reserve Policy Destroys the Value of Your Savings:

Rep. Ron Paul, M. D.

July 14, 2006:

The Consumer Price Index is misleading as to the genuine rates of inflation today, writes Representative Ron Paul. Housing prices-- Americans' greatest costs-- have nearly doubled in the past decade, along with an artificial doubling of the money supply by the Federal Reserve. American consumers' wealth is being drained as the Federal Reserve prints fiat money much faster than the economy grows.

 

Superman Needs an Agent:

Dr. Robert P. Murphy

July 14, 2006:

Dr. Robert P. Murphy analyzes the Superman movies from an economist's perspective and shows how Superman's extraordinary powers could be turned into a massive money-making ability which would enable Superman to meet his goals with minimal waste of resources. As he operates in the films, however, Superman is comparable to what Einstein would be had he continued to work in the patent office.

 

Filosofy

 

A New Feminism:

Dr. Harvey C. Mansfield

July 8, 2006:

Dr. Harvey Mansfield wishes to see the creation of a "new feminism" which maintains women's ability to pursue traditionally male careers but also recognizes the essential differences between the genders, respects traditionally feminine characteristics and occupations,  and renounces the foul association between feminism and female promiscuity.

 

Honesty versus Brutal Frankness:

G. Stolyarov II

July 15, 2006:

A popular misconception of honesty equates the virtue with always “telling it like it is” and not holding back any of one’s thoughts about a person, idea, or situation—no matter what the consequences of those thoughts. This view and its real-world applications are antithetical to genuine honesty. Mr. Stolyarov describes genuine honesty as being true to oneself above all and always striving to act on one’s best understanding of reality and one’s genuine self-interest.

 

Literary Analysis

 

Tyranny of Good Intentions:

Dr. Robert P. Murphy

July 7, 2006:

Dr. Robert P. Murphy reviews Paul Craig Roberts's and Lawrence M. Stratton's The Tyranny of Good Intentions, a book about the nature, scope, and absurdity of contemporary government abuse-- a book about how in the past few generations, Americans have squandered the Rights of Englishmen that took their forebears hundreds of years of struggle to win.

 

Politics

 

Do Americans Understand the Threats They Face?:

Tom DeWeese

July 10, 2006:

Tom DeWeese recently surveyed the supporters of his organization, The American Policy Center, on what issues they believe threaten Americans most today. Among the top threats are the United Nations, illegal immigration, and the government assault on property rights. Mr. DeWeese gives his comments on the areas in which he agrees with these prevailing perceptions and the areas in which he disagrees.

 

Science

 

Water's Nice, But Not as Ice:

Alan Caruba

July 12, 2006:

Not only is global warming a fiction, but respectable scientists now think the Earth may be on the verge of major cooling, writes Alan Caruba. In any case, human industrial activity is not responsible; it cannot affect climate change to even the slightest degree, so there is no reason to politically stifle it.

 

"It is a fact that a hundred years ago only a few people anticipated the over-powering momentum which the anti-libertarian ideas were destined to acquire in a very short time. The ideal of liberty seemed to be so firmly rooted that everybody thought that no reactionary movement could ever succeed in eradicating it."

 

~ Ludwig von Mises, The Anti-Capitalistic Mentality

 

 

 

 

 

 

 

 

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