Why one judge refuses to send such folks to jail. Melissa J. showed up in my court last year with four kids in tow. Her children quietly watched from a nearby table while I spoke with her. The charges against her — driving with an invalid license, driving without insurance, not wearing a seat belt, failure to use a child safety seat properly ... MORE
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Ed Spillane: Many Judges Continue To Jail Defendants Without Money To Pay Fines. Here Are The Alternatives.
Why one judge refuses to send such folks to jail. Melissa J. showed up in my court last year with four kids in tow. Her children quietly watched from a nearby table while I spoke with her. The charges against her — driving with an invalid license, driving without insurance, not wearing a seat belt, failure to use a child safety seat properly ... MORE$15 Minimum Wage Follies In California And New York
by Ronald Bailey. Good intentions, but a near total failure as an anti-poverty policy. Both California and New York have just adopted measures to raise their
minimum wages to $15 an hour over the next few years. Los Angeles Mayor
Eric Garcetti hailed
the increase, declaring, "Today California leads the nation once again,
passing a historic ... MOREWhen Did The U.S. Repeal The Laws Of Supply & Demand?
by A. Barton Hinkle. Of soda taxes & minimum wage. Back in October, The New York Times reported that the law of supply and demand still works. "Yes, Soda Taxes Seem to Cut Soda Drinking,"
the newspaper told its readers, relating the results of Mexico's new
tax on sugary beverages. Mexico's measure imposed a 10 percent tax on
soft drinks, and so ... MOREHigher Minimum Wage Equals Higher Prices, More Taxes
by John Seiler. I have dinner once a week with some friends here in Orange County. I set a limit of $20 for beer and food, or $80 a month. When the state minimum wage jumped to $10 an hour from $8 a couple years back, the restaurants increased their prices. So I cut back from a full meal to appetizers. It’s less enjoyment, but, as President John F. ... MOREThe $15 Minimum Wage Will Kill Jobs. Should You Care?
by Peter Coy. Mandated unemployment for low-skill workers. This is a story about ethics and economics, winners and losers, and the philosophical muddle on both ends of the political spectrum, as told through two of the hot-button issues of the 2016 U.S. presidential race: the minimum wage and free trade. Start with an unpopular but ... MOREWhat If The Minimum Wage Increase Is A Fraud?
by Andrew Napolitano. What if the latest craze among the big-government crowd in both major political parties is to use the power of government to force employers to pay some of their employees more than their services are worth to the employers? What if this represents an intrusion by government into the employer-employee ... MOREPaul Bedard: Americans Are Now Spending More On Taxes Than They Do On Food, Clothing And Housing Combined
After April 24, you get to work for yourself. A tax advocacy group on Wednesday revealed that Americans spend more on taxes than their whole budget for food, clothing and housing. The Tax Foundation, in its annual report on when the nation as a whole has earned enough to pay its taxes, announced the date as April 24. "Tax Freedom Day ... MOREThat Weirdly Interesting Libertarian Party Debate On Fox
by Jeffrey Tucker. Hooray for John Stossel! He has dedicated two issues of his wonderful show on Fox Business to hosting a debate between Libertarian Party aspirants to the presidency. The format is great. The questions in part one were solid. John does an excellent job. And the candidates were fascinating to watch. Within the LP itself, this ... MOREScott Shackford: Jerry Brown Admits $15 Minimum Wage Does Not Make Economic Sense, Approves It Anyway
Smart economics is not a consideration. California Gov. Jerry Brown simply does not care about what will happen to citizens in non-urban parts of the state under a $15 minimum wage. He didn’t literally say that, but what he did say when today was that he understood that there may be some bad outcomes for such a massive, unprecedented mandate. And then he signed it into law anyway. ... MORESharon Harris: Free Market or… Freed Market?
Unschackle our regulated economy. Here’s a neat little phrase that can be very handy when talking about economics: “freed market.” No, not “free market.” Freed market. Here’s why. As we’ve discussed in the past, “capitalism” is often not a very
useful word for libertarians to use to describe the economic system we
advocate. Sheldon ... MORESalim Furth: Government Regulators Have Added At Least An Extra $3,800 To The Price Of Producing A New Car
The high cost of savings-government style. When Congress and the Obama administration passed and implemented
extremely strict fuel economy regulations, the Environmental Protection
Agency (EPA) claimed that it would save consumers a few thousand dollars on gas and add only $948 to the price of a new car. Three teams of independent ... MORE23% Of Americans In Their Working Prime Are Unemployed
by Michael Snyder. Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working age Americans that do not have a job right ... MOREChina Trade Isn't Killing America's Working Class
by Shikha Dalmia. Politicians & misconceptions. American politics aren't exactly immune to bouts of protectionism. A Bloomberg poll has found that two-thirds of Americans, Republicans and Democrats, are four-square behind it—a sentiment that Bernie Sanders is exploiting on the left and Donald Trump on the right. But although free trade has ... MOREThe Candidates' Public Disservice On Trade
by A. Barton Hinkle. Almost three-fifths of Americans recognize
that international trade offers the country an opportunity to expand
the economy; only 34 percent see it as a threat. Unfortunately, the
leading presidential contenders are doing their best to change that. Bernie Sanders, Hillary Clinton and Donald Trump have been spouting a ... MOREWalter E Williams: Trade Deficit Angst
Donald Trump's primary bluster. Let's look at the political angst over trade deficits. A trade deficit is when people in one country buy more from another country than the other country's people buy from them. There cannot be a trade deficit in a true economic sense. Let's examine this. I buy more from my grocer than he buys from me. That ... MORE
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