“Without economic growth, there is no wealth to share.” Johan Norberg Lessons for America? Welcome to another edition of Friday’s Philosophical Foray beyond Healthcare! One of the most important history lessons in the power of economic freedom to alleviate poverty …
Category: Cost of labor
The Grumpy Economist: Volalitily, now the whole thing
WONK ALERT! And now for the meaty post of the week! Seriously, this is a fantastic piece by The Grump Economist, John H. Cochrane, senior fellow at The Hoover Institute. Here’s a sneak preview: What’s causing the big drop in …
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More and More Evidence that Higher Minimum Wages Mean Fewer Jobs and Less Opportunity | International Liberty
No matter how often new research is produced showing that low-skilled workers are hurt when politicians cut off the bottom rungs of the economic ladder, politicians persist in pushing for bad policy. Many state already have increased minimum wages, and the “Fight for $15” crowd …
Watch “Jordan Peterson, Ben Shapiro, Eric Weinstein, and Dave Rubin LIVE!” on YouTube
One of the most fascinating discussions I’ve ever heard about socio-economic & socio-political issues. Proof that honest discussions, which generate better understanding, can happen when we view different opinions as coming from different vantage points rather than as “the opposition.”
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Free Market Cures for Wage Stagnation – Young Voices Advocates
Another explanation for stagnant wages is increasing market power for a dwindling number of corporations: the fewer corporations there are competing for labor, the more able they will be to negotiate down wages. In the book “The Captured Economy,” Niskanen …
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The Global Version of More Money =/= Better Education
Originally posted on International Liberty: I’ve written several times about how dumping more money into government schools is not a recipe for improved education. Indeed, I would argue that this chart is the most powerful image I’ve ever seen. More…
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Are Minimum Wages and Payroll Taxes a Constraint to the Creation of Formal Jobs in Morocco? by Diego F. Angel-Urdinola, Abdoul Gadiry Barry, Jamal Guennouni :: SSRN
“The results indicate that these regulations, especially minimum wage policy, contribute to higher unemployment rates and constraint formalization in Morocco, especially for youth and women.” For anyone who still thinks minimum wage laws help people get ahead or climb the …
