Archive for Glen Tenney
Interest Rates and the Business Cycle
The cause of the business cycle has long been debated by professional economists. Recurring successions of boom and bust have also mystified the lay person. Many questions persist. Are recessions caused by underconsumption as the Keynesians would have us believe? If so, what causes masses of people to quit spending all at the same time? [...]
1Nov1994 | Glen Tenney | 1 comment | ContinuedMonopoly Demand For Labor?
Mr. Tenney teaches economics at Northern Nevada Community College in Elko, Nevada. “The produce of labour constitutes the natural recompence or wages of labour.”[1] These words were penned by the great Adam Smith more than two centuries ago; yet his message is very clear, and it remains relevant today: The wage rate is determined by [...]
1Apr1994 | Glen Tenney | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
