You get what you pay for

Scott Sumner

By Scott Sumner, Feb 22 2018

This tweet caught my attention:

Jeff Bezos possesses $121.3 billion dollars.
There are about 550,000 homeless people in America.
If Jeff Bezos gave every homeless person in America $100,000, he would still have $66.3 Billion Dollars!

Let that sink in…

You get what you pay for.

Let that sink in…

PS. What if the money were spent lobbying for weaker zoning laws?

HT: Razib Khan

Restricting Speech for Nationalist Reasons

by Pierre Lemieux Statements invoking "the people" are generally no more than political demagoguery from those who claim to represent this magical and rousing entity. I don't know to what extent Poles helped the Nazis carry out the Holocaust, but it is impossible that it involved 100% of the Poles. It is also inc...

Feb 22 2018

Cost-benefit Analysis

The Double Whammy of Uselessness

Bryan Caplan

While promoting my new book, I've repeatedly argued that foreign language requirements in U.S. schools are absurd and should be abolished. For two distinct reasons.Reason #1: Americans almost never use their knowledge of foreign languages (unless they speak it in the home).Reason #2: Americans almost never learn ...

Feb 22 2018

Income Distribution

You get what you pay for

Scott Sumner

This tweet caught my attention: Jeff Bezos possesses $121.3 billion dollars. There are about 550,000 homeless people in America. If Jeff Bezos gave every homeless person in America $100,000, he would still have $66.3 Billion Dollars! Let that sink in... You get what you pay for. Let that sink in... PS. What if th...

You get what you pay for

Scott Sumner

RECENT POST

Restricting Speech for Nationalist Reasons

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You get what you pay for

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