Government

HannahB on July 6th, 2011

Economics in One Lesson by Henry Hazlitt explains economics, as the title says, in one lesson. As its subtitle says, it is not only one of the best ways to learn basic economics, but also “the shortest and surest way to understand basic economics.” Hazlitt tells us the lesson in the first chapter. This lesson, [...]

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State and national enforcement of the 18th Amendment were there but couldn’t keep up with the alcohol violations. Authorities were …Continue reading »

Continue reading about The Prohibition Era: The Government’s Fight To Keep It Dry–Part II

In 1734, the British Parliament passed an act that banned alcoholic drinks, except beer, in the state of Georgia because …

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Continue reading about The Prohibition Era: The Government’s Fight To Keep It Dry–Part I

JosephC on February 21st, 2011

The federal minimum wage is $7.25 per hour [1]. The government says this helps workers and increases wealth. Is this really logical? Is the minimum wage a good idea? I believe not. I think having a minimum wage of 4 or 5 dollars may be a good idea but …

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JosephC on February 21st, 2011

The federal minimum wage is $7.25 per hour [1]. The government says this helps workers and increases wealth. Is this really logical? Is the minimum wage a good idea? I believe not. I think having a minimum wage of 4 or 5 dollars may be a good idea but …

Continue reading about Minimum Wage and why it Fails