Labor and Wages

Displaying 1 - 10 of 108

Why is the "Cost of Living" in Cities so High?

Labor and WagesU.S. EconomyPrices

Blog09/04/2019

More than half of the people in the world currently live in urban areas or cities, in spite of it being more expensive to do so. Why?

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Labor and Labor Costs: Using Theory to Understand the Data

Labor and Wages

Blog09/02/2019

Labor is not homogeneous, so data analysis that speaks simply of "labor" and "labor costs" must be treated with extreme caution.

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The New York Times Gets Slavery (and Capitalism) Wrong, Yet Again

Labor and WagesU.S. History

Blog08/31/2019

If violence is the key to creating wealth, as Desmond insinuates, then the communist nations would have created fabulous amounts of wealth given the brutality of 20th-century Stalinism.

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Will Robots Replace Human Workers? Let's Hope So.

Labor and Wages

Blog08/30/2019

New technologies, not the state, will be the key to making it ever easier to meet basic needs and diminish the perceived need for more government services.

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The Left Argues Slavery Was an Economic Blessing. Here's Why They Are Wrong.

Labor and WagesU.S. HistoryWorld History

Blog08/20/2019

Slavery was a monstrously unfair and immoral institution. It was also inefficient, compared to a system based on free labor.

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From the Malthusian Trap to the Keynesian Trap: The British Economy from 1810 to 2019

Labor and WagesMoney and BanksMoney and Banking

Blog08/17/2019

The Keynesian obsession with avoiding deflation and pushing consumer spending has led to a serious decline in savings and capital accumulation.

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New Study Defending NYC’s Minimum Wage Law is Fake News

Free MarketsLabor and WagesU.S. Economy

Blog08/13/2019

Last week Business Insider referenced a study to defend NYC's minimum wage law. Neither holds up well upon any sort of serious analysis.

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The Feds Move Closer to a $15 Minimum Wage

Big GovernmentLabor and Wages

Blog08/09/2019

Those who suffer most from mandated wage hikes are low-skilled workers, disabled workers and part-time workers in the sector. And poorer regions suffer more than rich ones.

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The Next Prime Minister Must Choose: Working Class Britons, or the Neo-Keynesians

Labor and WagesMoney and BanksTaxes and Spending

Blog07/16/2019

An estimated 78 percent of the UK’s working population are unable to make ends meet between pay-days. Neo-Keynesian policies are to blame.

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Consumers Will Decide If Women's Sports Teams Get "Equal Pay"

Labor and Wages

Blog07/11/2019

If the fans want the women to be paid more than the men, the consumers will have to spend more on watching them.

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