Labor and Wages

Displaying 1 - 10 of 29

Hayek on Good and Bad Unemployment Policies

Labor and WagesInterventionism

Blog11/16/2017
One of the obstacles to a successful employment policy is, paradoxically, that it is so easy to reduce unemployment, at least in the short term.

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Capital As a Form of Charity

Labor and WagesCapital and Interest Theory

Blog11/13/2017
Both fact and logic seem to support the view that savings invested in privately owned economic tools of production amount to an act of charity.

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Sylvester Petro's Austrian Perspective on Labor Unions

BiographiesLabor and Wages

Blog11/10/2017
Sylvester Petro's books on labor unions are among some of the best written on labor policy.

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Unions Want Freedom of Association — But Only for Themselves

Bureaucracy and RegulationLabor and Wages

Blog11/08/2017
If workers have freedom of association, they also need the right to refuse to associate with unions, if they wish.

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The Chinese Exclusion Act Was An Assault on Private Property

Labor and WagesProtectionism and Free TradeU.S. History

Blog10/14/2017
Many private employers were contracting with Chinese workers to move to California and work. And then Congress outlawed the contracts.

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Union Dues and the "Free Rider" Problem

Labor and Wages

Blog10/06/2017
Workers don't "free ride" on labor union services. In fact, many workers suffer harm from them.

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Is Population Decline Catastrophic?

Labor and WagesTaxes and SpendingWorld History

Blog10/03/2017
In the 70s, we were told to panic about population growth. Now we're told to panic about population decline. But is it really a problem?

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London Caves to the Black-Cab Monopolists — Blocks Uber

Bureaucracy and RegulationLabor and WagesPoverty

Blog09/28/2017
London's new ban on Uber removes Londoners’ freedom of choice — and makes them poorer.

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The Week in Review: September 9, 2017

The FedLabor and WagesTaxes and SpendingU.S. EconomyU.S. History

Blog09/07/2017
It is during times of crisis like this, when government feels the greatest need to control, that sound economics is most needed.

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Slow Wage Growth Could Be Thanks to ‘Sticky Wages’

Labor and WagesU.S. HistoryPrices

Blog09/07/2017
Wages can be "sticky" even in the absence of government. But the biggest problems with wage rigidity are often the result of government intervention.

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