Labor and Wages

Displaying 11 - 20 of 75

The Minimum Wage Doesn’t Do What You Think It Does

Labor and WagesLegal System

Blog07/28/2018

We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.

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Three Economics Lessons I Learned from My Dad

The EntrepreneurLabor and WagesProtectionism and Free TradeValue and Exchange

Blog07/25/2018

Business owners understand that the key to prosperity is to reduce costs and deliver more goods to the customer. Wage workers, however, often want higher prices in order to "protect" their jobs.

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The Military Is a Jobs Program — for Immigrants and Many Others

Labor and WagesTaxes and SpendingWar and Foreign Policy

Blog07/12/2018

The US military has long acted as a jobs program, for both citizens and non-citizens alike. It's time to cut it all back. 

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PC and the Bureaucratization of the Economy

Bureaucracy and RegulationLabor and Wages

Blog07/11/2018

Profit-oriented business organizations that demand political conformity in the workplace are mimicking government agencies, and we must turn to Mises's book Bureaucracy for guidance.

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WNBA Players are Overpaid

Labor and Wages

Blog07/10/2018

The salaries of pro athletes has little to do with athleticism and everything to do with the entertainment the public receives from them.

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These Eight Words Helped Cause the Great Depression

Booms and BustsLabor and WagesBusiness Cycles

Blog07/09/2018

Here are the fateful words that set the stage for years of high unemployment: “We believe in the principle of high wages.”

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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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