Displaying posts tagged with

“Peter Schiff”

College Degrees Aren’t Always Necessary

New York Times: The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job. While this article hits on an important point, a college degree by no means is a guarantee to a job. In terms of cost/benefit, I think college is incredibly [...]

Ron Paul and the Minimum Wage

For those interested in learning more about the negative consequences of the minimum wage and why it hurts those it is intended to help, please refer to the work of Walter Williams, Peter Schiff, Ron Paul, Thomas Sowell, and Thomas E. Woods Jr. Those who blindly support the minimum wage are supporting a mandate that [...]

The FDIC and the Follies of Modern Banking: Part 2

The FDIC attempts to universalize risk in banking. Regardless of whether or not you even deposit money in a financial institution, whether or not you discriminate between different banks and the practices thereof, we are forced into subsidizing risk through government deposit insurance. The FDIC normally guarantees deposit insurance up to $100,000, while the insurance [...]