The Economist's Cookbook

Recipes For A More Free Society

  • "The curious task of economics is to demonstrate to men how little they know about what they imagine they can design."

    - F.A. Hayek

This Will End Well...

Posted by The_Chef On 10:40 AM 0 comments


I mean what could possibly go wrong with regulating a fluid industry like "nannying".

*sigh* This will of course increase unemployment in that sector because of the marginally increased difficulty in firing a nanny. If the nanny is in good with the family, we might expect a small drop in employment due to the overtime guarantee provided for in this bill, depending on how the OT is calculated. But the real hit is going to be in those nannies that are on the lower spectrum where in stead of keeping someone around to watch their kids who isn't the best, they simply fire her now and start looking for another candidate who more clearly fits the employer requirements.

The Nanny state is now after nannies. Who would have thought?

Also: Who are the "Jews for Racial and Economic Justice" listed in the footnote of the article? Why does that name just shriek "Socialist Orgy/Thinktank" to me? Oh ... umm ... yep. Another group of yammering collectivists is a seemingly apt definition of the group.

*sigh* I forgot, markets are evil, workers are slaves, the free exchange of goods/services/ideas is dangerous to society. We must control it, right?


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