Following up on a recent post, economist Robert Higgs delves even deeper into the numbers regarding the current recession. As he explains: Personal income includes the various “factor returns”―wages, salaries, rents, interest, dividends, and proprietors’ income―plus transfer payments that individuals receive from the government. All of these items together constitute the income available to individuals [...]
- Feb12
Self-Contradiction from NC’s Radical Left-Wingers
The folks over at the NC Justice Center offered up a double-whammy this week of self-contradiction. First up, Adam Searing penned this op-ed in the N&O urging Congress to pass some version of health care “reform” (public opinion be damned, of course). He points out that, under the current, mostly-government run system, “Health insurance has [...]