Author: Bob Weeks
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Common Sense Economics: What Everyone Should Know About Wealth and Prosperity
This is a wonderful book that can teach anyone what is important to know about economics. It teaches the insights that people can use to understand and evaluate the mechanism of our economy and government themselves. It is not a textbook with charts, graphs, and formulas. It requires no special prerequisite from the reader.
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Wal-Mart. More hypocrisy.
Currently it is quite fashionable to criticize Wal-Mart as the starting point for everything evil about American business. Critics allege that Wal-Mart earns too much profit, pays its employees too little, doesn’t provide its employees health insurance so they have to rely on the government, it exploits low-paid workers in China, and might even be…
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The Random Walk Guide to Investing
The title of this book derives from the author’s famous book A Random Walk Down Wall Street, published in 1973. That book, and this too, refer to the theory of efficient markets. In the author’s words: “The main premise of the theory is that the stock market is an extraordinarily efficient institution for reflecting without…
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Every state left behind
In Kansas, according to Standard & Poor’s Statewide Education Insights, about 60% to 70% of students are proficient in reading, as evaluated by the Kansas state reading test. But on the National Assessment of Educational Progress tests, only 33% to 35% of Kansas students are proficient. A similar discrepancy exists in the math test scores.
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Book review: Class Warfare
In Lake Wobegon, “every child is above average,” Garrison Keillor says. In my personal experience, I can’t think of any parents I know who don’t have children who are not gifted or doing much better than average. After learning about the theory of Multiple Intelligences in chapter four of this book, I now know why…
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Hypocrisy over oil profits abounds
The recent swell of criticism over oil company “windfall” profits, some even coming from people who should know better, is truly remarkable in its hypocrisy.
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Big government is thoroughly entrenched
Faced with even this barely noticeable reduction in spending, advocates of big government are in full fighting trim: “Their Congressional leaders, Nancy Pelosi and Harry Reid, have denounced even these paltry GOP savings as ‘shameful’ and ‘immoral.’ They even brought a dozen Katrina Hurricane victims to Washington, trotted them out in front of the national…
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Catastrophe in Big Easy demonstrates big government’s failure
An excellent article by David Boaz of the Cato Institute titled “Catastrophe in Big Easy Demonstrates Big Government’s Failure” (available here: http://www.cato.org/pub_display.php?pub_id=4819) explains how miserably the government at all levels performed before and after Hurricane Katrina.
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Kansas Income Growth Lags
By Karl Peterjohn You will earn more if you do not work in Kansas. That is nothing new but the size and scope of the economic problem facing Kansans has become more vivid. National data has regularly shown that Kansans’ incomes are lower than the national average and this is impacting the economic climate in…