Bill May Economics

Economics Knowledge: The Sad State

Sep 1st, 2015 Uncategorized billmay 2 min read
 

 We should all  understand economics like experts.   After all, we handle money every day.  We make big capital investments, we need to save for a rainy day to include retirement, and we see the horrors of not being responsible (though that is diminished with government safety nets, unfortunately).   Most people actually understand their own financial situation or at least know when to get some help.  …

BILL MAY NO BIG GOVERNMENT

Why Not More Jobs

Aug 31st, 2015 Economics, Free Enterprise, Government, Labor, Liberty, Regulation, Taxes, Technology billmay 2 min read
 

 by Bill B. May My fellow editor posted an article titled, Transforming lives with welfare work requirements.  And he commented by stating, “If only there were enough full time jobs”.   For sure, what we need is more jobs.  With a supposedly improving economy, why don’t we have more jobs? To find the answer, we have to look at the economy as a big machine with…

BILL MAY DONT TREAD ON ME

Government’s Attempts At Morality

Aug 30th, 2015 Civil Rights, Drugs Illegal, Gun Control, Liberty, Morality and Religion billmay 2 min read
 

 by Bill B. May Yesterday, I wrote about how government attempts to manipulate (and presumably improve) the economy almost always backfire.  The only time government actions work is when they get out of the way.  The same is true of morality. As soon as we had a government that governed (what a nasty word), people invented all kinds of jobs for the government to do.  …

Bill May Economics

Interest Rates And The Economy

Aug 29th, 2015 Business, Economics, Free Enterprise, Government, Labor, Liberty, Politics, Taxes billmay 2 min read
 

 by Bill B. May, PhD The accepted theory is that if the Fed lowers interest rates, either by setting its own low rate or flooding the market with money, it should goose the economy.  Businesses should be more willing to borrow to expand their operations and consumers should be more willing to borrow to buy things.  But there is an unintended consequence that enters into the…

Academics: No Connection To The Real World

 

 by Bill B. May, PhD That’s a pretty harsh statement and indeed, an exaggeration.  But it has enough of a grain of truth that we should be suspicious of wild forecasts made by academics.  We posted an article today about wild worries about the future of the world’s population and the capacity to feed it.  The  author points out that the prices of food will…

How Many People Can Planet Earth Sustain?

Aug 28th, 2015 * RECOMMENDED READINGS, Economics, Environment, Money, Social Issues billmay 1 min read
 

 Robert P. Murphy answers:  Why the Population Bomb Is a Dud   Asked whether or not the growing world population will be a major problem, 59% of Americans agreed it will strain the planet’s natural resources, while 82% of U.S.-based members of the American Association for the Advancement of Science said the same. Just 17% of AAAS scientists and 38% of Americans said population growth…

North Korea may seek new nuke deal with weak Obama

 

 John R. Bolton writes:   Last week, North and South Korea traded artillery fire and accusations across their border, demonstrating yet again the fragility of their 60-year-old truce. The Democratic People’s Republic of Korea initiated the incident, and it underlined the potential seriousness of any escalation by deploying more than 50 submarines (70 percent of its total), and massing artillery near the De-Militarized Zone (DMZ), according…

Iraq’s Nuclear Program

 

 With my focus on liberty, I look at each issue as it occurs as to whether liberty would lead to a solution.  In some of my other writing, I happened to think about George Bush’s Iraq war decision.  And I wondered if there were any way that liberty could have led us down a different path, thereby avoiding billions of dollars and thousands of deaths. …

Traitor Senators Took Money from Iran Lobby, Back Iran Nukes

Aug 26th, 2015 Foreign Affairs, Islamic Extremists, Politics billmay 1 min read
 

 Daniel Greenfield says:   The Democrats are becoming a party of atom bomb spies. Senator Markey has announced his support for the Iran deal that will let the terrorist regime inspect its own Parchin nuclear weapons research site, conduct uranium enrichment, build advanced centrifuges, buy ballistic missiles, fund terrorism and have a near zero breakout time to a nuclear bomb. There was no surprise there. Markey had…