A $70k Per Year Minimum Wage


The Seattle company that has set a $70k per year minimum wage for employees has fallen on hard times. It seems that in a real world economic system some employees work harder than others and expect to be rewarded for hard work. They vote with their feet when they feel unfairly denied their share of the salary pie.

Another way of analyzing the problem is to consider poor performing employees as system losses.

TANSTAAFL.

De Blasio and Uber (and the NRA)


Ben Smith has a piece up at BuzzFeed called Can Bill De Blasio Turn Uber Into The NRA?, and it contains several interesting ideas.

So will Bill de Blasio pry the Uber app from his constituents’ cold dead hands?

The article goes on to deal with some of the ins and outs of the coming fight between the Mayor of New York and the popular ride sharing service as seen from a leftwing point of view. It ends with a line musing over

 whether Uber becomes as partisan and polarizing as guns, or as American as the iPhone.

Hmmm. Notice the implication that being associated in any way with the NRA (which is, after all, the country’s oldest civil rights organization) is an undesirable bug rather than a feature. Uber is popular because it provides people with more options in how they travel and in how they earn a living. Through its advocacy of Second Amendment rights, the NRA has helped people be free to defend themselves. Both organizations provide more freedom to more people while being opposed by elements of the nanny state. While the company may or may not like being in the same philosophical boat as the NRA, it is.

Read the whole thing.

In Four Freedoms Park


Olivia Nuzzzi has a piece over at The Daily Beast about Hillary Clinton’s opening campaign event: Welcome to Hillary Island, a Pleasant Little Police State. This paragraph struck me.

Here would be Hillary Island—formerly Roosevelt Island—a strip of land located in the middle of the East River between Manhattan and Queens that some 10,000 New Yorkers call home. More specifically, here is Four Freedoms Park—a grassy island enclave named for the Four Freedoms FDR spelled out in his 1941 State of the Union speech: Freedom of speech, of worship, from want, and from fear—where the Clinton team has assembled a red and blue stage, in the shape of an H, for her to pace on as she delivers her first major campaign speech.

Read the whole thing. That captures a bit of the Orwellian nature of so much of the Left’s politics these days.

Freedom of speech? The Left now wants to partially repeal the First Amendment in order to correct the Supreme Court’s Citizens United ruling. (I probably I should have included a trigger warning for some Progressives.)

Freedom of worship? Ask the Little Sisters of the Poor about that. Or a former pizza shop owner. For many, worship extends beyond a meeting house and throughout their lives.

Freedom from want? Ask one of the structurally unemployed who can’t find a place in a stagnant economy.

Freedom from fear? Ask that question tonight in one of several Baltimore neighborhoods—if you’re not afraid to go.

BTW, those first two freedoms are about what the government isn’t supposed to be able to take from us. The second pair are gimmes Progressives imagine government can provide. There’s much to be said about the differences between them. The comments are open. Discuss among yourselves.

Thermodynamics and Health Care


Megan McArdle has a post up on Sticker Shock for Some Obamacare Customers. Now that real world cost data is available, insurers are asking for rates that allow them to at least break even on Obamacare coverage. Maryland’s largest insurer is asking for a 30 percent increase.

It’s a basic principle of Thermodynamics that there ain’t no such thing as a free lunch. That applies to health care too.

That All is not Gold that Glitters, and Two and Two make Four
And the Gods of the Copybook Headings limped up to explain it once more.