Thursday, February 13, 2014

Good minimum wage article and other links

1. From The Federalist: facts about the minimum wage

2. Thomas Sowell's random thoughts are always interesting

I don't happen to like the idea of "stop and frisk." However, I like even less the idea of armed hoodlums going around shooting people. Those who refuse to see that everything has a cost should be confronted with the question: "How many more young blacks are you willing to see shot dead, because you don't like 'stop and frisk'?"

 3. Economics of Downton Abbey (a week old, but I missed it originally)

Downton’s soap opera characters are wrestling not only with their emotions, but also with basic Downtonomics: the threat and promise of technological change, burden of inheritance taxes, foreign investment, danger of speculation, need for retirement planning, virtue of investing for growth, and inadequacies of the social safety net. Is the cook, Mrs. Patmore, any less adept with that mixer than your grandmother is with a tablet?

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