President Biden claimed during his Super Bowl interview that “all the economics show” that if the government imposes a $15 minimum wage then “the whole economy rises.” For his part, Nobel laureate Paul Krugman has claimed for years that “[t]here’s just no evidence that raising the minimum wage costs jobs, at least when the starting point is as low as it is in modern America.” Is this really possible?
For several years now discussion of secession has become increasingly mainstream. A new poll highlights regional and partisan views on the topic.
Bright Line Watch asked Americans whether they would support their state seceding from the United State and joining a union with regional states. The question outlined the new unions as follows:
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The threat of “nuclear proliferation” remains one of the great catch-all reasons—the other being “humanitarian” intervention—given for why the US regime and its allies ought to be given unlimited power to invade foreign states and impose sanctions at any given time.
I’d like to discuss today an argument that is popular among some contemporary political philosophers. If this argument is correct, it undermines the sort of natural rights found in Murray Rothbard’s The Ethics of Liberty. I hope that I am not spoiling the surprise by telling you immediately that I think the argument is wrong.
On February 4, 2021, Democrats in the House and Senate introduced the Protecting the Right to Organize (PRO) Act. Like many names in Washington, this one is an Orwellian misnomer that does the exact opposite of what it claims to be doing. If passed, the bill, which is basically a union wish list, would radically transform the nature of the labor market in the US with numerous sweeping and heavy-handed changes.
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At the end of January, the yearly growth rate of our measure of US money supply (AMS) closed at 76.7 percent, against 4.8 percent in January 2020. It is tempting to suggest that this massive increase in the growth rate of money supply is likely to result in massive price inflation in the months ahead.
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