A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.
Jacob G. HornbergerUnfortunately, liberals didn't stop with welfare-statism. They also turned to economic regulations, not understanding that such interventions, again, harmed the very people they were supposedly truing to help - the poor and destitute.
Jacob G. HornbergerThere's the old saying that doing the same thing over and over again and expecting different results is the definition of insanity. There are few better places to apply that adage than the drug war. It's time to end it. It's time to restore peace and harmony to Latin America and the United States. It's time to end the failed war on drugs. It's time to legalize drugs.
Jacob G. HornbergerIs there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.
Jacob G. HornbergerThe Trouble with liberals is twofold: They have a horrible blind spot with respect to moral principles and they have an abysmal understanding of economic principles.
Jacob G. HornbergerThere is one-and only one-way to end the violence in Latin America. There is one-and only one-way to terminate the drug gangs. That way is by legalizing drugs. Legalizing drugs today would put an immediate end to the drug gangs and the drug-war violence.
Jacob G. HornbergerA minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.
Jacob G. Hornberger