Frédéric Bastiat

With one of the highest standards of living and one of the most stagnant minimum wage rates in the United States, Hawaii is not always the paradise that many consider it to be. Between 2007 and 2014—during which America went through one of its biggest financial crisis since the Great Depression, the minimum wage rate remained at $7.25. According to economic professor Amy Glasmeier’s Living Wage Calculator, a person with a spouse and two children would have needed to make $28.95 to subsist in the

Ideologies are often born out of a minority view conceived upon a critique on the functioning of the current state of society and epoch. These ideologies each contain specific and unique ideas and beliefs that are never universally accepted, for if they were no other form of ideology would ever manifest. Liberalism is perhaps one of the most commonly accepted political ideologies that frequents present society; this ideology revolves around individual freedoms and equality under our current capitalistic

Murder at the Margin, written by Marshall Jevons, is a mystery novel that was designed to put the reader on the edge of excitement, but also teach economics at the same time. The novel begins when Dr. Henry Spearman, the famous economics professor at Harvard University, and his wife decide to take a leisurely vacation to Cinnamon Bay Plantation in the beautiful St. John. The Spearman’s are excited to be able to get away from a high pace life and to forget about life back in the states. Upon arrival

egal positivism is the name given to the school of juristic thought, which includes such luminaries of philosophy as Thomas Hobbes (1588-1679), Jeremy Bentham (1748-1832), John Austin (1790-1859) and HLA Hart (1907-1992). Philosopher Ronald Dworkin once described legal positivism as the ruling theory of law. Since the time of Bentham and Austin legal positivism was the dominant theory and was held by most legal scholars in one way or another and was also the working theory of most legal practitioner’s

INTRODUCTION: From my studies in Political Science it is not hard to understand that the United States political system is dominated by two political parties; the Republican Party, and the Democratic party. This is known as a two-party system, the definition of a two party name is evident from the name. A two party system functions on two parties, much like United States politics this is confusing because more than two parties are allowed to compete in elections. In America, any party outside

1) In regards to question number one involving if we - as societal citizens - have a Natural Right to Privacy, I believe the answer is no - due to understanding equivocal terminology. For example, we all know that the National Security Agency (NSA), The Law Enforcement Community (LE), and the Intelligence Community (IC), all routinely collect information on us - on a daily basis. Such information involving: emails, video and voice chats, videos, photos, Voiceover Internet Protocols [e.g. Skype, Google

President Obama loves to talk about “your fair share,” but have you ever heard him give a specific definition of what “your fair share” actually is? I’d like to know because it sounds so good. Is it the same amount as everyone else? Is it more than what your parents had? In a free society, is equal income for all even desirable or attainable? Can a phrase like “fair share” require any sacrifice from me? When we combine our “fair share” with the idea of “social justice” we might just have a cause

Left or Right What is this thing called socialism, is it worse than communism or is it better than capitalism? According to English Oxford dictionary, socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be regulated by the community as a whole. Is this the way a country should be governed or is it a recipe for disaster? Have these types of principles come to help us or is it just a noble idea that simple

James Gwartney’s book, Common Sense Economics, is designed for those who are taking beginning steps to understand the basics of economics. It also provides actual concrete changes that could be made in the economy. This novel gives insight to the bigger picture that involves political rules and policies that go along with that. The context of the book aims to explain why nations prosper depending on people’s understanding of necessary economic arrangements. There are ten elements of economics, seven

Political science entails many ideologies. This means that there are several perceptions that various individuals create to a given theory. As a result, there emerged two categories of people. First, there are those that subscribe to the tenets of a given theory. These are the people who belief in almost all the prescriptions of the theory. Such people find huge applicability of the theories in daily life. Then, there is another group of people that consist of the critics to the theory. In most cases