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Sirico Parables book

Page 58 of 90
  • What's wacko about 'Sicko'

    Michael Moore wants socialized medicine in the United States, as his film Sicko proves. But Moore's plan would result in worse, not better, health outcomes for Americans – including the poor and underserved.
  • Saving Europe's money

    Amidst the anti-inflationary policies presently pursued by most of the world's important central banks, the global economy continues to grow impressively. Even a number of Europe's lackluster economies are beginning to register respectable growth-rates.
  • Minimum wage, maximum suffering

    Whenever a price floor is raised, the tendency is to create a surplus of goods beyond which there might not otherwise have been. Whenever a wage floor is raised, it creates a surplus of workers who otherwise might have had jobs. At the microeconomic level, the effects are real and tragic.
  • The problem of equality

    Of all things, an indiscreet tampering with the trade of provisions is the most dangerous, and it is always worst in the time when men are most disposed to it; that is, in the time of scarcity. Because there is nothing on which the passions of men are so violent, and their judgment so weak, and on which there exists such a multitude of ill-founded popular prejudices. (Edmund Burke, “Thoughts and Details on Scarcity,” 1795)
  • 'Big Corn' and unintended consequences

    Because of the widespread use of corn products in U.S. food, less land for other crops due to an increased need for corn fields, and the higher cost of corn feed for livestock. In the first quarter of this year, food prices rose at an annualized rate of 7.1 percent, according to the Bureau of Labor Statistics. Think of it as a regressive tax on the consumer.