Thomas DiLorenzo – Myths About Capitalism

On August 1, 2012, in Home, by admin

Professor Thomas DiLorenzo address common misconceptions about capitalism. http://www.LibertyPen.com

Check out Prof. Cowen’s popular econ blog: http://www.marginalrevoultion.com

Tyler Cowen touched on the topic of Wage & Price Stickiness in “Business Cycles Explained: Keynesian Theory.” In this video, he dives deeper into these core ideas.

What makes wages sticky?

In many economies, a large portion of the workforce is unionized and wages are legally determined through a voting process. In these cases, if you want to unstick wages, you have to run the gauntlet of the political process.

In less unionized economies, wage stickiness hinges partially on expectations and morale. Cowen explains using “The Parable of the Angry Professor”: Out of all people, we would think that economics professors would advocate wage reduction in order to avoid unemployment.However, when the wages of the professors remain flat or decrease, morale falls flat. The results? Complaints, sub-par teaching, nasty departmental politics.

While wage stickiness is pervasive, it binds to some industries more than others. In commission based professional spheres, wage expectations are conditioned to adjust. When you work on commission, you expect income fluctuation—wages don’t stick. But in most professions, the opposite is true. Many workers are willing to work harder, even beyond employer expectations, for the security of consistent, predictable wages. While this security can boost productivity and morale, the promise of predictability translates into troublesome stickiness during economic downturns.

Wages aren’t the only sticking points—prices get sticky too. Why? One reason comes down to menu costs. The term “menu cost” originates from the costs associated with restaurants changing their prices. When a restaurant changes prices, they have to print new menus. Menus, or course, are not free! In order to avoid these menu costs, restaurants often stick with constant prices. And there you have your recipe for sticky prices!

John Stossel – Paying Cops To Not Police

On July 10, 2012, in Home, by admin

Some government contracts require taxpayers to provide peace officer wages and benefits to full-time union workers. Information is power, investigate http://www.LibertyPen.com

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John Stossel interviews the Goldwater Institute’s Clint Bolick on the troubling practice of “release time,” which pays government employees tax dollars to do nothing but union work.

Learn more about our effort to stop this waste: http://goldwaterinstitute.org/article/cheatham-v-gordon

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John Stossel – Is Freedom Fair?

On May 31, 2012, in Home, by admin

Is freedom at odds with fairness? Not when freedom means maximum opportunity. Deroy Murdock, Arthur Brooks.
Keep up with liberty issues and news at http://www.LibertyPen.com

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The Goldwater Institute is asking for a judge to stop allowing Phoenix police officers to work as union representatives as their full time assignment.

The Phoenix Law Enforcement Association has six full time officers who receive full city pay and benefits for working for the union.

The contract between the city and PLEA includes provisions for these positions.

“We have a police department to maintain law and order not to do union work,” said Clint Bolick, an attorney with the Institute who will argue its position in court on Friday.

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The Goldwater Institute has pushed governmental personnel reform and produced an in-depth investigative report in December 2010 that has helped drive Brewer’s proposed policy changes.

“What does it take to discipline a government worker?,” asked Mark Flatten, an investigative journalist for the Goldwater Institute. He reported and wrote the influential piece.

“What we found is there is a litany of rules, regulations, statutes, in some cases union contracts that make it very difficult, very time consuming, very expensive,” Flatten said in an Arizona Week interview.

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Reforming Government Unions in Arizona

On February 7, 2012, in Home, by admin

The average government worker now receives hourly pay and benefits that are 44 percent higher than the average private sector worker’s. Those high costs are bankrupting state and local governments—and taxpayers—across the nation.

But it doesn’t have to be this way. A package of bills being considered by the Arizona legislature would reform this unfair spoils system, protecting workplace freedom, the state’s economy, and all Arizona taxpayers.

Nick Dranias, Stephen Slivinski, and Dr. Byron Schlomach from the Goldwater Institute spoke in favor of these reforms before the Senate Government Reform Committee on Feb. 1, 2012. Learn more at http://goldwaterinstitute.org/azreform

End collective bargaining for government unions

On February 7, 2012, in Home, by admin

The average government worker now receives hourly pay and benefits that are 44 percent higher than the average private sector worker’s. Those high costs are bankrupting state and local governments—and taxpayers—across the nation.

But it doesn’t have to be this way. A package of bills being considered by the Arizona legislature would reform this unfair spoils system, protecting workplace freedom, the state’s economy, and all Arizona taxpayers.

Nick Dranias of the Goldwater Institute highlighted the stark choice before the Senate Government Reform Committee on Feb. 1, 2012. Learn more at http://goldwaterinstitute.org/azreform

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The Goldwater Institute filed a lawsuit over the contract between the City of Phoenix and the Phoenix Law Enforcement Association. The suit targets “release time” in which fulltime city employees draw full pay and benefits for doing nothing but union work.

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On May 26, 2011 the Goldwater Institute held a policy forum on public employment, featuring author Steven Greenhut, Phoenix City Councilman Sal Diciccio, and former House Speaker Kirk Adams. (NOTE: There were technical difficulties with the audio during the first 3:30 of this video. We apologize for the inconvenience.)

Rand Paul – Trim the Fat: March 29, 2011

On March 29, 2011, in Home, by admin

Senator Rand Paul joins Neil Cavuto to discuss the current virtual stalemate in Wisconsin, the financial reality of tax-payer dependent unions, and piecemeal attempts at trimming the fat in Washington.

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National Right to Work President, Mark Mix, sits down with Judge Andrew Napolitano to clear the fog hanging over the labor union disputes nationwide.

C4L Interview: Mark Mix, National Right to Work Pt.2

On February 24, 2011, in Home, by admin

Campaign for Liberty President John Tate sits down with Mark Mix, President of National Right to Work, to discuss the recent news about Right to Work and “collective bargaining” in Wisconsin, Indiana, and around the country.

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C4L Interview: Mark Mix, National Right to Work Pt.1

On February 24, 2011, in Home, by admin

Campaign for Liberty President John Tate sits down with Mark Mix, President of National Right to Work, to discuss the recent news about Right to Work and “collective bargaining” in Wisconsin, Indiana, and around the country.

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OPPOSE DISCLOSE!

On July 25, 2010, in Home, by admin

The Senate will hold a cloture vote on the First Amendment-shredding DISCLOSE Act as soon as late Monday night, July 26, 2010. Call the US Capitol switchboard and urge your Senators to OPPOSE DISCLOSE! (202) 224-3121 The forced disclosure of donor information is an invasion of privacy and would leave the donors open to harassment and intimidation. This bill will protect the status quo and will have a chilling effect on free speech. For more information about the DISCLOSE Act visit www.campaignforliberty.com

Stop SOPA