Posts Tagged ‘Labor’
Commentary: New Jersey’s Christie Provides Template for Reducing State Expenditures
Given our state’s looming budget deficit budget deficit and recent blows to the oil and shipping industries, Louisiana should take into consideration New Jersey Governor Chris Christie’s proposed agenda to rein in superfluous state spending. Gov. Christie has been anathema to unions throughout the state of New Jersey due to his refusal to genuflect to [...]
Commentary: Oil Spill Cleanup Requires Obama to Cut Red Tape and Ignore Special Interests
The federal government’s much-maligned response towards the Gulf oil crisis has been correctly attributed to red-tape and bureaucracy. But we should not overlook the recent evidence indicating that President Obama’s political posturing and constituent-pleasing are making matters worse. The concern is that President Obama has been complying with the wishes of two large factions of [...]
Commentary: Will America Heed the Warnings from Europe?
Throughout Europe, the younger populace is making the painful realization that they are shouldering the burden of the older generation’s state-subsidized lifestyle. Rightfully so, their anger is burgeoning at the austere measures brought about in response to their elders’ unsustainable spending. This indignation has been documented in the New York Times by Steven Erlanger. “They [...]
Capital and Labor: The Legos Of Our Economy
The prosperity of a country is tied to the effective usage of its available resources, i.e. capital and labor. The amount of capital and labor in any society is limited, therefore efficient resource allocation is essential for economic growth. Capital and labor are not homogeneous resources. Certain types of capital workbest with a certain types [...]







