Professor Mark J. Perry's Blog for Economics and Finance
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
3 Comments:
Well what is a better illustration of how liberals can't grasp reality than their minimum wage nonsense?
Back in '95 Dr. Walter Williams penned the following: Minimum Wage Maximum Folly
I'm sure this is hardly the first time its been noted that: "The first fundamental law of demand, to which there are no exceptions, says when prices rise people tend to buy less and when they fall people tend to buy more" yet the politicos, most especially the liberal politicos can't seem to get a handle on that bit of reality...
First Law of Economics: We live in a universe of scarcity.
First Law of Politics: Ignore the First Law of Economics.
"First Law of Politics: Ignore the First Law of Economics"...
CHA-CHING!...
Pandering to those who've proven that tax dollars extorted for public education was money well wasted...
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