As usual the Wall Street Journal is out of its mind on social issues, saying we shouldn't be promoting contraception in these hard economic times. Apparently the fact that living standards can sometimes go up when population is higher means that in the midst of this recession we should prefer having more unwanted pregnancies, because more unwanted babies and toddlers will somehow stimulate the economy. Interestingly more immigration and paths to citizenship are not an option.
Someone needs to educate the WSJ on how human capital works.
Martin’s Punch Bowl Speech: The Moral Element In Private Enterprise
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Much of the Fed’s bureaucracy could be abolished by a simple monetary rule
rather than the complex framework currently in place.
5 hours ago



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