Labor and Wages

Displaying 11 - 20 of 66

Inflationary Double-Talk

Labor and Wages

Blog07/05/2018

Price controls, tariffs, and wage controls are politically attractive as such powers are to a ruling clique, but they make no sense economically.

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Tariffs: Stealing Entrepreneurs' Profits

Labor and Wages

Blog07/02/2018

With tariffs, favored industries receive more and the entrepreneurs receive less, lowering their profits and making them less likely to take future risks.

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Wages, Unemployment, and Inflation

Labor and WagesValue and Exchange

Blog06/29/2018

There is only one way that leads to an improvement of the standard of living for the wage-earning masses: an increase in the amount of capital invested.

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Robots Do Not Destroy Employment, Politicians Do

The EntrepreneurLabor and Wages

Blog06/29/2018

Countries with the highest levels of robotization have the lowest unemployment rates.

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Marx's View of the Division of Labor

Labor and WagesPolitical TheoryValue and Exchange

Blog06/25/2018

The division of labor is what made the West rich and has kept it rich. It's telling that Marx planned to abolish the division of labor altogether.

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Chick-fil-A Mocks the Lefty Myth About Wage Stagnation

Free MarketsLabor and Wages

Blog06/04/2018

So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.

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Bernie’s (Latest) Boondoggle

Big GovernmentLabor and WagesU.S. Economy

Blog05/08/2018

If Sanders's job-guarantee program were adopted, the only silver lining to the dark cloud is that it would provide additional evidence that government programs don’t work.

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Western Capitalist Countries are the Best Places to be Born a Woman

Global EconomyLabor and WagesMedia and Culture

Discrimination against women is a phenomenon of anti-capitalist and Muslim countries. Protection of women’s rights is a phenomenon of capitalist and Western countries.

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