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Showing posts from May, 2016

Is Money the Root of All Evil?

The vilification of money and the unequal possession thereof is merely the tip of the iceberg of imminently-recognizable disparities among individuals. Money, oddly enough, serves merely to express individual preferences across regular intervals of time, rendering possible and powerful the dynamic demands of all participants and the benefits of mobilizing to match those demands. As it turns out, money most clearly reveals the costs of behavior, further motivating merit-based transactions. Without the expedient and efficacious tool of money, civilization regresses to a state of uncertainty and imperfect matches. The civilization becomes more insensitive to its losses spawning from lower-level discrimination, while an agrarian or barter-style system of exchange, heavily limited by the double-coincidence of wants, restricts the reach and convertibility of goods in foreign markets, thereby inherently impeding relationships and hardening the civilization’s isolationist posture. Of course, …

The Infamously-Invalid Gender Wage Gap Myth

A recent article released by the Bill & Melinda Gates Foundation covers the mythical gender wage gap in a way which supposes that the gap is the consequence of gender discrimination. This is a myth. If you believe that gap to be the outcome of gender-specific discrimination, you are surely confused. If this indeed were the case, that women were being unfairly discredited or outright ostracized or exploited in this manner, one must then follow this thread to its end to conclude that employers on the whole, whether men or women, are actively foregoing the substitution of the male staff, at a considerable discount, to favor their expensive tastes in gender. 
That perceived inequality, a 21-percent gap which has time and again been explained away as a mere comparison between aggregates, exists merely as the headline source from which politicians have aimed to launch their campaigns for so-called social justice, despite Congress having always been comprised of a supermajority of males,…