Posts

The ghost of Adam Smith

Image
It was a dark and stormy night. Give me your money. What? Give me your money. Who are you? Adam Smith. Adam Smith? Well, I’m actually the ghost of Adam Smith. That doesn’t make any sense. No one can talk to a ghost. Ghosts aren’t real. Well, we’re talking, right? So what’s the problem? I don’t believe in ghosts. Too bad. Can anyone else see you? Not right now. But everyone knows who you are. Or who you were. They do. Everyone knows me. Everyone loves me. I’m famous. I wrote the book that changed the world. So give me your money. How much? All of it. You want me to give you all my money, and you’re not even real? Exactly. Okay. Let’s say I decide to give you my money. How do i do it? It’s easy. You sign this piece of paper and you’re done. I’m done? What does that mean? It means I will be controlling your profits if you are in business, your income if you work for someone else, your investments, your spending, your safety, security, health, and even your happiness. That’s a lot. Wh...

Dennis Paulaha, PhD

Image
Dr. Paulaha received B.S. and M.A. degrees in economics from the University of Minnesota and a Ph.D. in economics from the University of Washington. As a college and university professor, he taught macroeconomic and microeconomic theory at the principles, intermediate, advanced and graduate level, monetary theory and policy, environmental economics, and special issues courses. In the real world, he wrote investment newsletters with more than 70,000 paid subscribers and was Vice President of research and marketing for a national brokerage firm.

The Need for a Voter IQ Card

Image
Wisconsin needs a Voter IQ card to protect people from themselves and from others. This is not a new idea. There is a longstanding precedent in this country to restrict the right to vote to those who can pass tests. The Voter IQ card is a way of bringing the wisdom of the South to the great state of Wisconsin. We have laws whose purpose is to protect people from themselves or from others. Laws that set age limits on when children can quit school. Laws requiring people to wear seat belts in cars. Laws requiring motorcycle riders to wear helmets. Laws that restrict drinking and smoking by age. As a society, we learned long ago there are people who must be protected from themselves. In fact, the writers of the U.S. Constitution understood the same thing. When the Constitution was drafted, the only citizens allowed to vote were white male landowners. Some may see that as bigotry. But at the time, it was mainly white male landowners who received an education. Minorities were denied educa...