Tag: fight for 15
The Unspoken Truth About Government Policies That Are Supposed to Help People
September 15, 2016 | Post
Economics can be counterintuitive and abstract, but it is also essential for understanding how the world works—especially when we’re trying to make policies in the spirit of good intentions.
Open Letter, Part 2: Minimum Wage Laws Are Immoral
May 20, 2016 | Post
Editor’s Note: This is part 2 of an open letter from Prof. Howard Baetjer to a friend who commented on one of his Facebook posts about minimum wage laws. You can view part 1 here.Baetjer and his friend, Adam, look at the minimum wage issue from very different perspectives, so Baetjer wrote an open letter. […]
Open Letter: Minimum Wage Laws Are Immoral
May 3, 2016 | Post
Editor’s Note: This is an open letter from Prof. Howard Baetjer to a friend who commented on one of his Facebook posts about minimum wage laws. Baetjer and his friend, Adam, look at the minimum wage issue from very different perspectives, so Baetjer wrote an open letter. What do you think about the issue? Check […]
The Minimum Wage Experiment
May 1, 2016 | Post
In a recent post at Cafe Hayek, Professor Donald Boudreaux answers the question, “Why not regard minimum wages as social experiments? If they succeed, great. If not, they can be undone.” There are a number of reasons Professor Boudreaux cites for why this isn’t a practical way to look at the minimum wage, including politician’s […]
California’s Massive Minimum Wage Hike to Benefit Rich Coastal Cities at Expense of Inland Regions
April 7, 2016 | Post
Yesterday, California Governor Jerry Brown and the state legislature agreed to a plan to raise the minimum wage to $15 per hour across the state by 2022 in order to gradually increase the earnings of 6.5 million Californians. Regarding the proposal, Brown said: This plan raises the minimum wage in a careful and responsible […]
Repealing the Law of Supply and Demand?
March 17, 2016 | Post
With all the excitement of the 2016 presidential election ramping up, it’s even more important to think critically about proposed government policy. Not only are voters biased, they’re often swayed by policies which sound good, but which don’t always have good results. Randal O’Toole, a policy analyst at the Cato Institute, illustrates the careful balancing […]