by Don Watkins. A few years ago, I was in need of some extra cash so I decided to sell my laptop on eBay. A few days later, I got an offer. It wasn’t great, but then neither was my laptop. But before the payment went through, I got a call from the government. “We have decided that the offer you got was too low. We’re not going to let you sell your ... MORE
Showing posts with label labor. Show all posts
Showing posts with label labor. Show all posts
Protect The Defenseless, Abolish Minimum Wage
by Don Watkins. A few years ago, I was in need of some extra cash so I decided to sell my laptop on eBay. A few days later, I got an offer. It wasn’t great, but then neither was my laptop. But before the payment went through, I got a call from the government. “We have decided that the offer you got was too low. We’re not going to let you sell your ... MOREMinimum Wage Hike Means Fewer Jobs Can Be Available
Economics 101: Democratic Sen. Elizabeth Warren of Massachusetts says the minimum wage should be $22 an hour. As is always the case, the urge to help will create more problems than it alleviates. The usual response to such nonsense is that if government can make lives better by establishing a minimum wage of $X per hour, then why not ... MOREDavid John Marotta: Are Property Rights Human Rights?
The success of a nation depends on the answer. Property rights depend on the principle that you own yourself. If you own yourself, then you own the fruit of your labor. A medieval hunter cuts a branch and sharpens it into a spear. Now he has changed a common stick into a useful tool; he has made personal property. Property rights protect the ... MOREHouse Defeats Minimum Wage Increase
More unemployment avoided. The House on Friday rejected a Democratic push to raise the federal
minimum wage to $10.10, shooting down one of President Obama’s
priorities from his State of the Union speech. The 233-184 defeat also exposed divisions within the Democratic Party. Where Mr. Obama called for a hike from the current $7.25 ... MOREJohn Fund: Minimum Wage Equals Maximum Confusion
Why it hurts the poor more than helps. President Obama made headlines in January when he called for raising the minimum wage from $7.25 an hour to $9 and tying future increases to inflation. Politically, calling for a higher minimum wage is a winner. This week, New York’s state assembly voted to implement Obama’s plan locally. On the national level, ... MOREBrian Phillips: The Fallacy Of The 'Living Wage'
It strips some of the ability to make a living. If the advocates of the “living wage” are truly convinced that arbitrary government dictates have no detrimental consequences
on jobs, why don’t they advocate a “prosperity wage”? Instead of
legislating a wage that allows families to “get by,” why don’t they
legislate a wage that allows families to prosper? In other ... MOREAmy Payne: Busting 5 Myths About The Minimum Wage
It hurts, not helps, low-skill workers. When someone says “minimum wage,” what comes to mind? Do you think of teenagers flipping burgers? Or a single parent trying to feed several kids? While President Obama and other proponents of a higher minimum wage
want you to visualize that single parent, the truth is that a
burger-flipping ... MORERichard Berman: Raising Minimum Wage Is Bad Magic Trick
Presto, change-o and workers will be hurt. Apparently America’s employees were better off in 1968 than they are
today. At least, such is the claim of the labor-backed activists and the
AFL-CIO’s
chief economist. By their telling, the minimum wage has lost value — if
it were fairly adjusted since the late 1960s, it would today be set at
$10.58. ... MOREScott Shackford: Dead Letters
The U.S. Postal Service's long, hard fall. The U.S. Postal Service (USPS) did not fare well in 2012. Costs, losses, and debts rose as the volume of mail continued a decline that began in the middle of the last decade. Now the USPS is warning that without help from Congress, it will run out of money by the end of October. In reason’s May 1991 ... MOREBetsi Fores: New Study Refutes Minimum Wage Benefits
Minimum wage creates more, not less, poverty. A new study concludes that increasing the minimum wage will lead to fewer jobs rather than less poverty. “The disconnect between the empirical evidence and the claims of wage
hike advocates continues to grow,” said Michael Saltsman, research
director at the Employment Policies Institute, which ... MOREMichael Barone: Is The Entitlement Era Winding Down?
Are we on the threshold of a new period in U.S. history. It’s often good fun and sometimes revealing to divide American history into distinct periods of uniform length. In working on my forthcoming book on American migrations, internal and immigrant, it occurred to me that you could do this using the American-sounding interval of 76 years, ... MORENit Ghei: Higher Wages, Lower Employment
Misguided government makes matters worse. New York Gov. Andrew Cuomo on Wednesday laid out a wide-ranging agenda for the year. The first-term Democrat wants gun control, casinos and higher pay for teachers. Perhaps his most economically perilous proposal is an insistence on raising the state’s minimum wage from $7.25 an hour to $8.75. ... MOREWilliam Dunkelberg: Why Raising Minimum Wage Kills Jobs
The minimum wage is a major anti-jobs policy. Ten states have announced
an increase in their minimum wage effective January 1, mostly because
their legislation requires an adjustment to the Consumer Price Index
inflation measure. Some political jurisdictions take it further, San Francisco has a minimum over $10 per hour and the state of ... MORE
Right To Work Laws Are, Indeed, Libertarian
by Shikma Dalmia. Every time Right to Work is in the news, a civil war breaks out
among libertarians about whether it is consistent with
libertarianism or not. On one side are folks like me who think that
right-to-work laws are a modest advance for worker freedom because
they exempt workers from having to pay mandatory union dues as a
condition ... MOREEd Morrissey: You Have The Right To Not Pay Union Dues
Union dues are not an entitlement. The battle between unions and state governments continued this week — just as it has for the last two years — in territory normally considered friendly for labor organizations. In the winter of 2011, Wisconsin forced an end to mandatory union contributions for state employees — and conservatives ... MORE
Subscribe to:
Posts (Atom)