William Watson: If American wages are determined by skills, it’s hard to see how inequality in wages is unfair

Originally posted on Financial Post | Business:

Everyone knows the United States has the highest income inequality among the rich nations of the world. OK. Which rich country offers the biggest payoff to ability? The United States does. Put the two together. If U.S. inequality is the result of the U.S. rewarding ability, is there really a problem?

That the U.S. labour market is in fact the most responsive in the OECD to differences in abilities is the conclusion of a new study by the labour economist, Eric Hanushek of Stanford University and the Hoover Institution, and three German colleagues. They make use of an OECD-sponsored survey of almost 35,000 people in 22 OECD countries that took place in 2011-12. The survey asked participants detailed questions about their incomes, work experience, education and so on and then (imagine!) administered tests of their numeracy, literacy and ability to solve problems.

Hanushek and his colleagues took the results and…

View original 740 more words

No country for free men » Cold Fury

No country for free men » Cold Fury.

Gen. “Mad Dog” Mattis just gave what may be the most motivating speech of all time

Gen. “Mad Dog” Mattis just gave what may be the most motivating speech of all time.

“Dear beautiful America, please, stop moving Forward…”

Originally posted on Western Rifle Shooters Association:

140216-lenin-poster
Upon migrating to the United States many years ago, I embraced my new home and left the past behind. Never could I imagine that, at some point, that past would become relevant.

But now, I am compelled to talk about it again.

In the USSR, we had state-controlled media which shaped the narrative entirely.

Our founder, Vladimir Lenin, was portrayed as a noble, charismatic, and smart man — the champion of the underdog (the working class), the seeker of equality, defeater of the rich. The humble man with common ideas who was destined for greatness.

Lenin peered at us intently from textbooks and walls. His was the face behind the good intentions that shaped our everyday life.
As a kid, I was largely shielded by my family — they took the brunt of “adult tasks” in everyday life. They bribed officials to accomplish the most basic of things, they conserved…

View original 199 more words

The Immigration Invasion – Jan Morgan Media

The Immigration Invasion – Jan Morgan Media.

Ann Coulter – January 29, 2014 – GOP CRAFTS PLAN TO WRECK THE COUNTRY, LOSE VOTERS

Ann Coulter – January 29, 2014 – GOP CRAFTS PLAN TO WRECK THE COUNTRY, LOSE VOTERS.

Fact Checking Obama’s State Of The Union | Truth Revolt

Fact Checking Obama’s State Of The Union | Truth Revolt.

Neeley: Lack of hurricanes helps climate change skeptics – Houston Chronicle

Neeley: Lack of hurricanes helps climate change skeptics – Houston Chronicle.

Immigration is an environmental issue – Baltimore Sun

Immigration is an environmental issue – Baltimore Sun.

Ted Nugent and Hunters to save Texas: Feral Pig Population out of Control – Girls Just Wanna Have Guns

Ted Nugent and Hunters to save Texas: Feral Pig Population out of Control – Girls Just Wanna Have Guns.

Follow

Get every new post delivered to your Inbox.