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Commentary

KNAPP: Yes, the rent is too damn high, but not because the minimum wage is too damn low

“Full-time minimum wage workers cannot afford a two-bedroom rental anywhere in the U.S.,” Alicia Adamczyk writes at CNBC, “and cannot afford a one-bedroom rental in 95% of U.S. counties.” Adamczyk gets her figures from the National Low Income Housing Coalition’s annual “Out of Reach” report. Here are a few numbers NLIHC isn’t as eager to talk about: According to the US Bureau of Labor Statistics, a whopping  1.9% of all American workers, and only 1% of full-time workers, earned minimum […]

todayJuly 18, 2020 10

Columnists

KNAPP: The road to hell is paved with economic plans

Democratic presidential candidate Joe Biden says he has an economic plan for America to “Build Back Better.” US president Donald Trump complains that Biden “plagiarized” significant elements of that plan from, you guessed it, Donald Trump. Both plans are packed full of bad ideas that have been proposed a thousand times by a thousand other politicians, so the plagiarism claim seems more trollish than truthy. The problem with both economic plans isn’t that they’re plagiarized, it’s that they ARE economic […]

todayJuly 17, 2020 12

Columnists

KNAPP/SCHLOSBERG: Time to drop Hamilton’s economics

The July 3 premiere of Hamilton on streaming service Disney+ marked the end of a five-year wait for audiences who hadn’t seen the hit musical on stage. Alexander Hamilton’s rivals in Hamilton concede that he “doesn’t get enough credit for all the credit he gave us.” To the contrary, as Voltairine de Cleyre noted a century ago, Hamilton “devised a financial system of which we are the unlucky heritors,” an economic order designed “to puzzle the people and make public […]

todayJuly 6, 2020 93

Columnists

KNAPP: “Second wave” of COVID-19 or not, no more lockdowns

Here we go again: Fear of a “second wave” of COVID-19 infections is on a world tour. Naturally, the same “experts” who demanded a global lockdown in response to the “first wave” are saddling up for an encore. Their logic, faulty the first time around, is even more so the second. We shouldn’t, even for a moment, set aside the hideous and lethal immorality of placing hundreds of millions of human beings under de facto house arrest without accusing, let […]

todayJune 15, 2020 19

Opinion

KNAPP: 2020 is the most important presidential election since the last one

Every four years without fail (and usually a little earlier in each quadrennial cycle), both “major” American political parties wind up and toss the same slow, fat pitch across the public’s plate: This is the most important presidential election of our lifetimes. Maybe even the most important presidential election EVER. You gotta vote. And this time, just like every other time, you can’t risk voting for anyone but Candidate X. A vote for third party or independent Candidate Y, the candidate you […]

todayJune 8, 2020 17

Columnists

KNAPP: Morbidly obtuse: Pelosi and the media versus hydroxychloroquine

When US President Donald Trump mentioned that he’s taking hydroxychloroquine, he immediately got an extra dose of flak from both the mainstream media and noted medical experts such as US House Speaker Nancy Pelosi (D-CA). Trump has been using the drug prophylactically versus COVID-19 — which he’s likely been exposed to via a personal valet — with the concurrence of his physician. Pelosi chided Trump for taking “something that has not been approved by the scientists” (it has been) and worried that he’s at […]

todayMay 20, 2020 55

Commentary

KNAPP: No, the politicians didn’t save us from COVID-19

Writing at Reason Magazine, Eric Boehm notes two trends revealed in data released by Apple and Foursquare. Trend One:Americans began reducing their outings and social interactions before, not because of, “shelter in place” orders issued by grandstanding, opportunistic politicians. Trend Two:Americans started coming back out and resuming something like normal life before, not because, those politicians started lifting those orders. In other words, with COVID-19 as with everything else, government policy is a trailing, rather than leading, indicator. Politicians don't start parades […]

todayMay 5, 2020 69

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