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  • The Nash Equilibrium Minimum Wage Is Zero

    The Nash Equilibrium Minimum Wage Is Zero0

    As the New Jersey legislature and governor debate the details of a hike in the state’s minimum wage to $15 an hour, it is worth taking a step back and contemplating one of the greatest thinkers in New Jersey history, Nobel Laureate John Nash. (Nash was the subject of the 2001 film A Beautiful Mind,

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  • Would Trump’s Wall Eventually Pay for Itself?

    Would Trump’s Wall Eventually Pay for Itself?0

    In January, 2018, citing an extensive study from Harvard University, the Washington Times reported that 80 percent of Americans, including 68 percent of Democrats, want tighter security on our southern border.   Many of those polled, we may presume, would support building a wall to help provide that security.   Opponents of such a wall

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  • Government Shutdown Shows Why We Need to Decentralize National Parks

    Government Shutdown Shows Why We Need to Decentralize National Parks0

    The federal government is in the midst of a partial “shutdown.” Don’t worry, there’s still plenty of money flowing to a great many government departments. And even those workers who experience deferred salaries during the shutdown will almost certainly get their back pay paid in full. But as always occurs during these so-called shutdowns, many

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  • What Aristotle Can Teach Us about Trump’s Rhetoric

    What Aristotle Can Teach Us about Trump’s Rhetoric0

    From Franklin D. Roosevelt’s fireside chats to Ronald Reagan’s reputation as the “great communicator” to Barack Obama’s soaring oratory to Donald Trump’s Twitter use, styles of presidential communication have varied over time. But what is similar across all presidents is their ability to create persuasive messages that resonate with large segments of the U.S. population.

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  • Why are Parents Now Paying Children to Get Dressed?

    Why are Parents Now Paying Children to Get Dressed?0

    If you’re a parent, you’ve probably pondered the question of whether to give your child an allowance at some time or another. Should it be given freely with no responsibilities attached? Should it be in return for basic chores? Or should it be earned for more challenging jobs, such as mowing the lawn or cleaning

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  • ‘Justice’ is the ‘Word of the Year.’ But What is ‘Social Justice’?

    ‘Justice’ is the ‘Word of the Year.’ But What is ‘Social Justice’?0

    The hot new thing for dictionary companies is picking the “Word of the Year.” Merriam-Webster has picked the word ‘justice’ for 2018. You can quibble over whether that is really the most significant word for the year, but the dictionary bases its pick on how often the word was looked up during the year and

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