Economics and Investing:
Jack B. sent a link to a brilliant little essay by “Innocent Bystander”, posted over at The Silver Bear Café, titled Economics. From Greg J.: US government seeks to rein in executive pay. Greg asks: “When will this stop? If the Benevolent State can declare both a minimum wage and a maximum salary, then what is to stop them from controlling all wages? This is madness! “Punishing” the rich will just push funds and eventually people and entire corporations offshore. As you’ve mentioned in SurvivalBlog, wage and price controls have an ugly history. They’re indiscriminate. They’re ineffective. They’re anti-freedom. And …