Journalists and pundits regularly refer to U.S. defense spending as greater than the next seven or eight countries. Nonsense! U.S. defense spending when correctly tabulated exceeds the defense spending of the rest of the global community. Current defense spending is greater than $1 trillion and the bipartisan support for U.S defense spending assures continued increases. Many of the largest spenders on defense, moreover, are our treaty allies. More
I received the following email from Greg H. who heard my interview with Tom Woods.
Murray, Good Morning, hope you had a wonderful summer. I listened to your guest appearance on the Tom Woods show today and I am happy to hear that a professor in New Jersey is teaching students this type of economics. I do live in New Jersey and we both know how the political and economic arena is here. I work in the food distribution industry as a procurement manager and I enjoyed hearing your point on shopping and seeing retail have not changed yet sizes have, but this may not be calculated correctly in CPI. I see this all the time from our vendors, I work with meat and it is more involved learning commodity markets and global markets in general. So a lot of cut meat to purchase and we work costs by the pound so when a vendor who has a product that is net weight like say a package of 16oz sausage and a vendor says I will keep you unit cost the same, I will argue back that they need to keep the cost per ounce the same. ex. 16oz package @ $5 unit cost = $.3125oz going to a 14oz package should now be $4.375 unit cost This is something a lot of customers have caught on to, but have no recourse for it.
I wanted to reach out to you because I appreciate the people in academia who go against the status quo when educating their students (my brother is a professor at FDU in sports management with a focus on sociology of sports and can create a pretty contentious convo when around each other). If you ever want to connect and talk about how markets are affecting food prices feel free to reach out to me. I am always willing to discuss or present to classes as I have at my Alma mater and I think it gives the students a different perspective on the food industry and not what they just read on social media and also the real work environment. I hope the school year starts off in the right direction. Thank you for taking the time to read what I wrote.
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The Center for Disease Control, in a report ordered by President Obama in 2012 following the Sandy Hook Massacre, estimated that the number of crimes prevented by guns could be as high as 3 million annually, or some 8,200 every day. And there is plenty more evidence showing that guns keep Americans safe.
