Category: News
In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.
An excerpt from an interview with Phil Donahue in 1979.
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Labor Force Dropouts
Yes, the unemployment rate has fallen significantly from its high of 10 percent in October of 2009. But it turns out the unemployment rate has been falling for a pretty depressing reason: people dropping out of the labor force. Last month, 347,000 workers dropped out, effectively sending the message that it wasn’t even worth looking for work anymore.
Here’s what the unemployment rate would look like if the labor force participation rate — basically the number of people in the economy working or looking for work — had remained constant since June of 2009:
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Could LSD cut crime?
Click here: LSD could help reform criminals under community correction supervision according to researchers at the University of Alabama at Birmingham and Johns Hopkins University School of Medicine.
However, the researchers warned that the findings of the study should not be seen to advocate recreational use of psychedelic drugs.
Click here: CDC: U.S. Fertility Rate Hits Record Low for 2nd Straight Year; 40.7% of Babies Born to Unmarried Women
Click here: Study: Moms Who Drink Wine While Pregnant Have Better Behaved Kids
Click here: Risk of supervolcano eruption big enough to ‘affect the world’ far greater than thought, say scientists
