“Employer substitution of higher-skilled for lower-skilled workers is not the only effect of the minimum wage law. It also gives employers an economic incentive to make other changes: substitute machines for labor; change production techniques; relocate overseas; and eliminate certain jobs altogether. The substitution of automatic dishwashers for hand washing, and automatic tomato-picking machines for manual pickers, are examples of the substitution of machines for labor in response to higher wages.”
― Race & Economics: How Much Can Be Blamed on Discrimination?
― Race & Economics: How Much Can Be Blamed on Discrimination?
“Collectivism is the "philosophy" of every cockroach and sewer rat: "If I want it, I must need it, and if I need it, I have a right to it, and if I have a right to it, it doesn't matter what I have to do to get it." The
fact that such an inherently animalistic, short-sighted, anti-human
viewpoint is now painted by some as compassionate and "progressive" does not make it any more sane, or any less dangerous.”
―
fact that such an inherently animalistic, short-sighted, anti-human
viewpoint is now painted by some as compassionate and "progressive" does not make it any more sane, or any less dangerous.”
―
“Attitude is a choice. Happiness is a choice. Optimism is a choice. Kindness is a choice. Giving is a choice. Respect is a choice. Whatever choice you make makes you. Choose wisely.”
― The Light in the Heart
― The Light in the Heart
“The truth is, one who seeks to achieve freedom by petitioning those in power to give it to him has already failed, regardless of the response.
To beg for the blessing of “authority” is to accept that the choice is the master’s alone to make, which means that the person is already, by definition, a slave.”
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To beg for the blessing of “authority” is to accept that the choice is the master’s alone to make, which means that the person is already, by definition, a slave.”
―
“My take on socialism is this: Socialism only seems to work when you don't fully implement it, when you keep enough capitalism around to pay socialism's bills, at least for a time. It's the difference between milking the cow and killing it. Socialism has no theory of wealth creation; it's just a destructive, envy-driven fantasy about redistributing it after something else (and somebody else) creates it first.”
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Michael’s 2025 Year in Books
Take a look at Michael’s Year in Books, including some fun facts about their reading.
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