Three Times

WSJ 18 November 2017 “Germany’s Green Energy Meltdown” (editorial) https://www.wsj.com/articles/germanys-green-energy-revoltgermanys-green-energy-revolt-1510848988?mod=wsj_review_&_outlook How would you like to pay three times your current price of electricity?...

WMDs in Our Own Communities

With the publication of The Red Saguaro slated for mid-January 2018, I have drafted an op-ed for the WSJ to be submitted at the end of December.  Here’s the draft. I’d like your comments: Weapons of Mass Destruction in Our Own Communities If we learned a...
Effects of Price Controls

Effects of Price Controls

FROM THE PRACTITIONERS NOTEBOOK: In efficient markets, prices are set by willing buyers and willing sellers agreeing on the price. This is the intersection of the sellers’ supply curve and buyers’ demand curve to arrive at a market clearing price. The supply curve is...
“Would You Like A Price Increase With That Hamburger?”

“Would You Like A Price Increase With That Hamburger?”

The Biz Bucks Guy believes everyone should understand the basic Supply and Demand Model from micro-economics. One example of its use leads to an understanding of the effects of minimum wage laws and price controls, in general. In Part A, let’s look at the model itself...
The Man Who Saved Capitalism!

The Man Who Saved Capitalism!

Today, Tuesday, July 31, 2012 is Milton Friedman’s 100th birthday. Dr. Friedman, who died in 2006 at age 94, was the first and arguably the premier macroeconomist in favor of free enterprise. He was (and still is) one of the most influential figures in American...