Last week Apple CEO suggested that if record labels started charging more than $0.99 per song on his service and others, it would be indicative of pure greed. Not one to want to prove Jobs wrong, Warner Music Group CEO Edgar Bronfman Jr. fired back. �To have only one price point is not fair to […]
If you work in a union shop, you apparently get better jobs than actually working for a union. I know that a lot of people have a visceral dislike of Wal-Mart because of how poorly they allegedly treat their employees. However, if you were, say, a union, and you wanted to make a point about […]
Thankfully, this time it is Hawaii and not California. Seriously, how many economics classes do you have to fail in order to think that price controls actually work? This is the sort of thing that you'd think a maybe a professional economist writing for The New York Times would want to address, but he's got […]
This is old news, you might have seen it before, but amid the homebuying frenzy Muslims in America are sometimes left out. Why? Because Islam forbids paying interest. Of course, that's nothing American ingenuity can't solve, so banks have come up with "Islamic mortgages." This allows Muslims to buy homes without paying interest. What it […]
Al Qaeda's No. 2, Ayman Al-Zawahiri, released another dull videotape yesterday -- and showed that he's qualified to write on economics for The New York Times op-ed page. Our message to you is clear and unequivocal:You will not be saved unless you withdraw from our land, stop stealing our oil and our resources [Fox News […]
In the classic golf movie "Tin Cup," Don Johnson plays pro golfer David Simms who is described as hating old people, kids and dogs. Well, today there's a lot of news that demonstrates that the American left, while it does its best to look soft and cuddly on the outside, really hates Alzheimer's patients, needy […]
I must confess that I don't pay close attention to the internal workings of the French economy. I know two things about it, and they're all I think I need to know. First, French farmers are always protesting something by using their tractors (both of them) to block roads. Second, the French economy's default status […]
Sunday's Union-Tribune had a very interesting article focusing on Eric Kyner, a guy with a M.A. in Economics who makes a six figure salary as a private tutor at UCSD. Kyner teaches 30 upper-division economics courses each quarter. He estimates he's taught thousands of UCSD students over the past five years, charging $10 per 90-minute […]
Paul Krugman thinks the economy is in the tank. Where I come from, we call days like this "Monday."