In One Cartoon Strip, Everything You Need to Know about the Minimum Wage
18 Jul 2021 Leave a comment
Every so often, I see visuals that do a great job of illustrating various economic principles.
This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cartoon and this Robert Gorrell cartoon.
If you want to understand Keynesian economics, this Scott Stantis cartoon is a gem, as is the house-on-fire image in this post.
Regarding tax policy, the philoso-raptor explains supply-side economics and Paul Bunyan helps to illustrate why double taxation is so destructive.
You can also get clear messages about why a welfare state is economically destructive in this classic from Chuck Asay, as well as these home-made cartoons on riding the wagon vs pulling the wagon.
Regarding the minimum wage, I think Henry Payne effectively shows – in this cartoon and this cartoon – how mandating above-market wages is…
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July 17, 1918. Execution of the Russian Imperial Family
18 Jul 2021 1 Comment
At the end of the “February Revolution”, Nicholas II chose to abdicate on March 15, 1917. He first abdicated in favor of Alexei, but a few hours later changed his mind after advice from doctors that Alexei would not live long enough while separated from his parents, who would be forced into exile. Nicholas thus abdicated on behalf of his son, and drew up a new manifesto naming his brother, Grand Duke Michael, as the next Emperor of all Russias. He issued a statement but it was suppressed by the Provisional Government.
Grand Duke Michael declined to accept the throne until the people were allowed to vote through a Constituent Assembly for the continuance of the monarchy or a republic. The abdication of Nicholas II and Michael’s deferment of accepting the throne brought three centuries of the Romanov dynasty’s rule to an end. The fall of Tsarist autocracy brought joy…
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Craig Mackinlay: The Government is fooling itself if it thinks it can go down the Net Zero path without electoral damage
18 Jul 2021 Leave a comment
British Economy after WW1 – Fear of The Bolshevik Brit I THE GREAT WAR 1921
18 Jul 2021 Leave a comment
in defence economics, labour economics, Marxist economics, unions, war and peace Tags: World War I
Jagdpanther | Germany’s greatest tank destroyer of WW2?
18 Jul 2021 Leave a comment
in defence economics, war and peace Tags: World War II
Jonathan Haidt: “The Righteous Mind: Why Good People are Divided by Politics and Religion”
17 Jul 2021 Leave a comment
in economics of education Tags: moral psychology, political psychology
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