Your Teacher Said What?! (32 page)
Read Your Teacher Said What?! Online
Authors: Joe Kernen
143 President Reagan presided over:
Ibid.
CHAPTER EIGHT: AUGUST 2010: THE $40 OSTRICH EGGIbid.
146 the current average U.S. hourly wage:
Bureau of Labor Statistics, “Average Hourly Earnings for All Employees and for Production and Nonsupervisory Employees, by Industry, 2009” (available at
http://www.bls.gov/opub/ted/2010/ted_20100408_data.htm
).
Bureau of Labor Statistics, “Average Hourly Earnings for All Employees and for Production and Nonsupervisory Employees, by Industry, 2009” (available at
http://www.bls.gov/opub/ted/2010/ted_20100408_data.htm
).
146 the average U.S. family:
Actually, 10.6 cents. USDA Economic Research Service, “Food CPI and Expenditures” (available at
http://www.ers.usda.gov/briefing/CPIFoodandExpenditures/Data/table7.htm
).
Actually, 10.6 cents. USDA Economic Research Service, “Food CPI and Expenditures” (available at
http://www.ers.usda.gov/briefing/CPIFoodandExpenditures/Data/table7.htm
).
146 Today that family spends:
Ibid.
Ibid.
147 By 1947, when supermarkets were still a curiosity:
Ibid.
Ibid.
149 organic food offers no nutritional:
Robert Paarlberg, “Attention Whole Foods Shoppers,”
Foreign Policy
, May/June 2010.
Robert Paarlberg, “Attention Whole Foods Shoppers,”
Foreign Policy
, May/June 2010.
149
E. coli
âwhose incidence:
Ibid.
E. coli
âwhose incidence:
Ibid.
149 food-borne illnesses are responsible:
Paul S. Mead, et al. “Food-Related Illness and Death in the United States,”
Emerging Infectious Diseases
5, no. 5, September/October 1999, and CDC Morbidity and Mortality Report.
Paul S. Mead, et al. “Food-Related Illness and Death in the United States,”
Emerging Infectious Diseases
5, no. 5, September/October 1999, and CDC Morbidity and Mortality Report.
151 If Europe tried to feed:
Paarlberg, “Attention Whole Foods Shoppers.”
Paarlberg, “Attention Whole Foods Shoppers.”
154 every one of the fair-trade licensing organizations:
Andrew Chambers, “Not So Fair Trade,”
Guardian
, December 12, 2009.
Andrew Chambers, “Not So Fair Trade,”
Guardian
, December 12, 2009.
154 not permitted to employ:
Ibid.
Ibid.
154 “after paying for the co-operative's”:
Ibid.
Ibid.
155 Fair trade sets a minimum:
Jacob Grier, “Libertarians and Fair Trade Coffee,”
Liquidity Preferences
, April 13, 2010 (available at
http://www.jacobgrier.com/blog/archives/3773.html
).
Jacob Grier, “Libertarians and Fair Trade Coffee,”
Liquidity Preferences
, April 13, 2010 (available at
http://www.jacobgrier.com/blog/archives/3773.html
).
155 “the parts of the world”:
David Rieff, “Abused by Hope,”
The New Republic
, October 19, 2010.
David Rieff, “Abused by Hope,”
The New Republic
, October 19, 2010.
159 (more than 70 percent of African):
Paarlberg, “Attention Whole Foods Shoppers.”
CHAPTER NINE: SEPTEMBER 2010: LOOK FOR THE UNION LABEL: YOU'RE PAYING FOR ITPaarlberg, “Attention Whole Foods Shoppers.”
170 so modest that you have:
For example, studies have shown small positive effects in the cement industry, negative effects in construction, and negative effects on mining and sawmills. Gerald Mayer,
Union Membership Trends in the United States
(Washington, DC: Congressional Research Service, 2004).
For example, studies have shown small positive effects in the cement industry, negative effects in construction, and negative effects on mining and sawmills. Gerald Mayer,
Union Membership Trends in the United States
(Washington, DC: Congressional Research Service, 2004).
172 the curious fact that thousands:
Walt Bogdanovich, et al. “A Disability Epidemic Among a Railroad's Retirees,”
New York Times
, September 20, 2008.
Walt Bogdanovich, et al. “A Disability Epidemic Among a Railroad's Retirees,”
New York Times
, September 20, 2008.
172 More than two-thirds of the highest-ranking officials:
Steven Greenhut, “Class War: How Public Servants Became Our Masters,”
Reason
, February 2010.
Steven Greenhut, “Class War: How Public Servants Became Our Masters,”
Reason
, February 2010.
173 one FDNY lieutenant retired:
Daniel Foster, “Cops and Robbers,”
National Review
, August 30, 2010.
CHAPTER TEN: DECEMBER 2010: LIES, D***ED LIES, AND THE OPINION PAGESDaniel Foster, “Cops and Robbers,”
National Review
, August 30, 2010.
190 estimated to cost a bit more:
Numbers for the cost of climate change in 2200 are from William D. Nordhaus,
A Question of Balance: Weighing the Options on Global Warming Policies
(New Haven, CT: Yale University Press, 2008). Under Nordhaus's formulas, the cost of capping carbon dioxide at 420 parts per million is between $14 and $20 trillion in current dollars (Jim Manzi, “Conservatives, Climate Change, and the Carbon Tax,”
New Atlantis
, summer 2008).
Numbers for the cost of climate change in 2200 are from William D. Nordhaus,
A Question of Balance: Weighing the Options on Global Warming Policies
(New Haven, CT: Yale University Press, 2008). Under Nordhaus's formulas, the cost of capping carbon dioxide at 420 parts per million is between $14 and $20 trillion in current dollars (Jim Manzi, “Conservatives, Climate Change, and the Carbon Tax,”
New Atlantis
, summer 2008).
200 Massachusetts congressman Barney Frank
“Barney Frank: Fannie and Freddie Must Go,”
Investor's Business Daily
, August 19, 2010.
“Barney Frank: Fannie and Freddie Must Go,”
Investor's Business Daily
, August 19, 2010.
Index
absolute advantage
advertising
Altomonte, Carlo
American Federation of Labor (AFL)
American Federation of State, County, and Municipal Employees (AFSCME)
American Journal of Clinical Nutrition
American Recovery and Reinvestment Act (ARRA)
Americans with Disabilities Act
American vs. European economies
economic freedom index and
elites hostility to American free market ideals
entrepreneurship in
immigration and
internal vs. external locus of control
labor relations and
per capita GDP growth
protest movements
similarities between
state socialism
U.S. subsidization of European economies
welfare spending
antiscalping regulation
A&P (Great Atlantic & Pacific Tea Company)
AT&T
Austrian School economists
Avatar
(movie)
(movie)
Aviator, The
(movie)
(movie)
bailout
Baldwin, Peter
bankruptcy
banks
bankruptcy and
financial regulatory reform
Battle for Terra, The
(movie)
(movie)
Becker, Craig
Best Buy
Beverly Hillbillies, The
(TV show)
(TV show)
Bismarck, Otto von
bison, property rights in
Bloomberg Business Week
Boeing
Borlaug, Norman
Bowles-Simpson deficit reduction plan
BP (British Petroleum)
Brassel, Robert
Bretton Woods fixed exchange rate system
bridges to nowhere
broadcasting channels, property rights in
Brooks Atkinson Theatre
Bt cotton
Bureau of Consumer Financial Reform
Burton, Tim
Bush, George W.
Bush administration
“buy American” provisions
California Highway Patrol
Cameron, James
cap and trade
capitalism.
See
free-market capitalism
See
free-market capitalism
Capitalism, Socialism and Democracy
(Schumpeter)
(Schumpeter)
Capital
(Marx)
(Marx)
Capuano, Michael
carbon dioxide
argument underlying climate change
endangerment finding, by EPA
card check
catallaxy.
See
price signals
See
price signals
CDOs (collateralized debt obligations)
Center for Food Safety
Chaplin, Charlie
Charlie and the Chocolate Factory
(movie)
(movie)
chief executive officers (CEOs)
as Hollywood villains
salaries of
Chimpanzee Politics (
de Waal)
de Waal)
choice
Christie, Chris
cigarette smoking
ban on
labeling requirements
Cincinnati Reds
climate change
argument underlying
carbon dioxide
Climategate
endangerment finding for CO
2
2
Climategate
Climate Research Unit (CRU)
Clinton, Bill
Coase, Ronald
coffee
collective bargaining
collectivism
command economies
commodities
Communications Act of 1934
comparative advantage
compensation
banks receiving federal loans, restrictions on
of CEOs
prevailing wages
union's effect on
competition
confirmation bias
Congress of Industrial Organizations (CIO)
Conrail
Consumer Price Index (CPI)
Consumer Reports
consumption
cosmetology licenses
cost
Costner, Kevin
cotton gin
craft unions
creative destruction
credit
Crisis and Leviathan
(Higgs)
(Higgs)
Croly, Herbert
CSI
(TV show)
(TV show)
Cullen, Michael
Dahl, Roald
Dances with Wolves
(movie)
(movie)
Dancing with the Stars
(TV show)
(TV show)
Davis-Bacon Act of 1931
Davis Polk
debasement
debt
Deepwater Horizon (drilling rig)
defense
deficit reduction plan
deflation
deforestation
demand curve
Democracy in America
(Tocqueville)
(Tocqueville)
Department of Agriculture
Department of Transportation
deregulation
derivatives
Detroit, stimulus money and
de Waal, Frans
Dickens, Charles
Disney
Dodd-Frank Financial Reform Bill
Dr. Doolittle 2
(movie)
(movie)
DuPont
Easterly, William
economic freedom index
economy
American vs. European
defined
union's impact on
editorials of
New York Times
and
Wall Street Journal
compared
New York Times
and
Wall Street Journal
compared
on climate change
on financial regulatory reform
on health-care reform
on midterm elections of 2010
efficiencies
Ehrlich, Paul
Employee Free Choice Act
endangerment finding for CO
2
by EPA
2
by EPA
“End of Capitalism, The”
( Time)
( Time)
entrepreneurship
immigration and
environmentalism
climate change
environmental romanticism, in movies
property rights and
in schools
Environmental Performance Index
Environmental Protection Agency
European vs. American economies.
See
American vs. European economies
See
American vs. European economies
Export-Import Bank
external locus of control
externalities
Exxon Valdez
(ship)
(ship)
fairness doctrine
fair trade
Fannie Mae (Federal National Mortgage Association)
Federal Express
feudalism
Fey, Tina
fiat money
financial regulatory reform
Bureau of Consumer Financial Reform
compensation restrictions on banks receiving federal loans
Fannie Mae and Freddie Mac not included in
objectives of
Finding Nemo
(movie)
(movie)
fiscal stimulus
flat income tax
floating dollar
Food and Drug Administration (FDA)
food and food production
comparative advantage and
cost in terms of disposable income
fair trade and
organic and health foods
supermarkets and
Ford Motor Company
Frank, Barney
Freddie Mac (Federal Home Loan Mortgage Corporation)
free-market capitalism
American vs. European
critics of
defined
efficiency of
Gekko problem and
price signals and
substitution principle and
television/movie industry's negative view of
virtues promoted by
free markets.
See
free-market capitalism
See
free-market capitalism
Free to Choose
(Friedman)
(Friedman)
“Free Trade a Casualty of Economic Crisis”
(Washington Post)
(Washington Post)
Friedman, Milton
Friedman, Rose
Frum, David
gas-mileage estimates
GDP (gross domestic product) per capita GDP
Gekko problem
General Theory of Employment
(Keynes)
(Keynes)
genetically modified crops
Gillespie, Nick
Global Attitudes Survey
Global Entrepreneurship Monitor
global warming.
See
climate change
See
climate change
GNH (gross national happiness)
gold
Gore, Al
GPI (genuine progress indicator)
Great Depression
Great Recession
Greece, protests in
greed
Green, William
guilds, history of
Habib, Barry
Happy Feet
(movie)
(movie)
Happy Planet Index
Hardin, Garrett
Harris, Lee
Hartshorn, Cora
Hartshorn, Stewart
Hartshorn roller shade
Hayek, Friedrich
Hazelwood, Joseph
health care
reform (
See
health-care reform)
See
health-care reform)
health-care reform
mandate to purchase insurance
Massachusetts model for
price signals, lack of
public option
rationing of health care
single-payer system
health foods
hedging
Henrich, Joseph
Heritage Foundation
Higgs, Robert
Higgs effect
Home Depot
Hoot
(movie)
(movie)
Hubbert, M. King
Huffington Post
Hughes, Howard
Hume, David
hyperinflation
“I, Pencil: My Family Tree as Told to Leonard E. Read” (Read)
iCarly
(TV show)
(TV show)
immigration
entrepreneurship and
Israel and
income tax
Incredibles, The
(movie)
(movie)
Industrial Revolution
industrial unions
inflation
information.
See also
price signals
See also
price signals
innovation
Inquiry into the Nature and Causes of the Wealth of Nations, An
(Smith)
(Smith)
intellectual property rights
interest
Intergovernmental Panel on Climate Change (IPCC)
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