Your Political Ideology is a Religion

I was contemplating a more trolling headline like “socialism is religion” or  “liberalism is religion,” but realized it was too click-baity and I couldn’t be bothered to make two copies of the post with each headline to really reel in those sweet sweet clicks.  Just imagine it says something really offensive to you. Long ago, I […]

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Are People Econs or Altruistic?

In high-school every assignment puts up two opposites and ask you to categorize the real world into either of the two boxes.  The correct answer is always the secret option 3: a bit in-between the two (preferably leaning towards the orientation of your teacher).  Always.  To immediately ruin the mood of this entire post and […]

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Poll: Preferred Society

Here are the income distributions of two societies.  That is, this chart shows how large a percentage of the population (y-axis) in each society earns a certain salary (x-axis).  I’ve have not put numbers on the axes to keep this independent on actual money.  While it may not seem so, the area under both curves […]

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Why Workers’ Unions, Equal Wages and Minimum Wages are as bad as Monopolies and Cartels

Here I’ll argue that workers’ unions have similarities to monopolies and that equal/minimum wages have similarities with cartels, and note the difference in how these are dealt with. Monopolies and Cartels Monopolies have a bad ring to them.  Nobody likes monopolies, in peoples’ minds manifested as huge, greedy monsters stealing your money.  Cartels are just […]

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