Joe’s Reading Log

January 27, 2006

We’re Richer Than We’ve Ever Been Before

Filed under: Economics, Prosperity — Joe Martin @ 2:07 pm

We’re richer than we’ve ever been before. Don’t believe me? Don Boudreaux takes a walk through a 1975 Sears catalog:

Other than the style differences, the fact most noticeable
from the contents of this catalog’s 1,491 pages is what the catalog doesn’t
contain. The Sears customer in 1975
found no CD players for either home or car; no DVD or VHS players; no cell
phones; no televisions with remote controls or flat-screens; no personal
computers or video games; no food processors; no digital cameras or camcorders;
no spandex clothing; no down comforters (only comforters filled with
polyester).

It seems to me that people were poor back in the ’70’s.

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January 24, 2006

Importing Prosperity

Filed under: Immigration, Prosperity — Joe Martin @ 2:42 pm

It turns out that illegal immigration is good for North Carolina. Radley Balko links to a report showing that North Carolina’s economy grew by $9.2 billion dollars as a result of Hispanics. The cost to the state as a result of immigration: only $61 million. I’d say we should be encouraging immigration, not discouraging it.

January 22, 2006

Get a Chocolate Massage

Filed under: Prosperity — Joe Martin @ 9:42 pm

Apparently, chocolate massages are the newest trend in spa treatment. What a wonderful world we live in.

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