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The View from 1776 presents a framework to understand present-day issues from the viewpoint of the colonists who fought for American independence in 1776 and wrote the Constitution in 1787. Knowing and preserving those understandings, what might be called the unwritten constitution of our nation, is vital to preserving constitutional government. Without them, the bare words of the Constitution are just a Rorschach ink-blot that politicians, educators, and judges can interpret to mean anything they wish.

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Thursday, February 14, 2013

Econ 101 - Higher Price Means Lower Demand

President Obama called for a higher minimum wage in his State of The Union address.  That sounds good to the great majority of people, who don’t understand even the basics of economics, but it will harm the people whom he intends to help.