Mises Wire

Pop fluff and the 12-cent meal

Pop fluff and the 12-cent meal

A fun little absurdity — AOL has a teaser that purports to show how a celebrity salary feels to the working man or woman making $30K. According to the first slide, Angelina Jolie feels the cost of a $40 meal the same as $0.12 feels to the $15 per hour laborer. Absurd! Are they trying to tell me that after the waiter said, “I’m sorry, I just lost your meal.” Jolie would smile and forget the matter? Yet, I suspect that the laborer wouldn’t sweat the dime and two pennies that slipped from his hand and fell down the sewer.

We know where this line of thinking leads — soak the rich since they don’t care about the extra buck, or the extra thousand in taxation. Marxism packaged as pop fluff.

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute