“I have often wondered why economists, with these absurdities all around them, so easily adopt the view that men act rationally. This may be because they study an economic system in which the discipline of the market ensures that, in a business setting, decisions are more or less rational. The employee of a corporation who […]
“I have often wondered why economists, with these absurdities all around them, so easily adopt the view that men act rationally.”
July 28, 2011 by Daniel Burton
Filed Under: Elections Tagged With: Bryan Caplan, Coase Ronald H, Economic, Ronald Coase, Social Sciences, The Myth of the Rational Voter: Why Democracies Choose Bad Policies
Welfare State: Handouts Make Up One-Third of U.S. Wages – CNBC
March 8, 2011 by Daniel Burton
1 in 3 of us is on the government dole: Even as the economy has recovered, social welfare benefits make up 35 percent of wages and salaries this year, up from 21 percent in 2000 and 10 percent in 1960, according to TrimTabs Investment Research using Bureau of Economic Analysis data. “The U.S. economy has […]
Filed Under: Entitlement Reform, Government Tagged With: CNBC, Economic, entitlement reform, government dole, postaday2011, Poverty, Social Sciences, TrimTabs Investment Research, Welfare, Welfare state
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