Sugar Racket’s Business as Usual

With sugar prices falling 18 percent since October, Yahoo! Finance is reporting that the federal government is in the works to intensify the welfare for the sugary industry. The subsidy program was engineered, along with other corporatist protectionism, during the hay day of the New Deal. Sugar trade restrictions already double the price of sugar […]

Understanding the Moral Rationalization for Foreign Interventions

Brian Larson of the American Conservative magazine dug up an old profile of Sen. John McCain’s stance on the use of military force abroad. The context is different, but the principle is the same used for the domestic intervention into the lives of Americans. It highlights a reason why the scope of government power continues […]

The Unemployment Rate and the Meaning of Society

Robert Reich calls raising the federal minimum wage “a no-brainer,” as he indicates that states with a higher minimum wage rate than the federal law don’t endure higher unemployment rates. He didn’t cite a specific source to validate that conclusion, so I can’t speak to that. But implicitly granting that what the former labor secretary […]

Progressive Against Progress

The future has the potential to be extraordinary. With technological progress in the area of 3D printers, robotics and computers, the standard of living for ordinary people could rise beyond any limit imaginable. But to ask former Secretary of Labor Robert Reich, we should worry that these advances could reduce employment opportunities for people. He […]