“Nearly one in 10 workers in the metro area owes his or her job to the growing globalization of the economy. “ “ The study , conducted by local economist Tucker Hart Adams and two colleagues on the faculty of the University of Denver’s Graduate School of International Studies, found: Eighty-three foreign companies in the metro area that directly
The City Council of Santa Fe, New Mexico has raised the minimum wage to $9.50 per hour and the fallout was what you would expect: “Managers of some Santa Fe restaurants were mulling price increases and other measures in the wake of Wednesday’s City Council vote to carry out a Jan. 1 increase in the city’s minimum wage. Fewer overtime hours and
In the latest issue of Meeting News, a trade publication for for meeting planners, the front page article talks about the growing problem of finding that your meeting has been placed in a ball room right next door to an “alternative-lifestyle” group of some kind. You’ve planned your insurance industry junket for months, but when you get there, you
Well, after years of raising our taxes through deficit spending, the Bush administration has released a plan to raise our taxes in a variety of other ways. The attack on the mortgage interest deduction is probably the most alarming among them. I thought the CEO of the National Association of Homebuilders pretty well summed it up: “It’s the biggest
Chicago now has this great new law : The measure requires retailers with more than $1 billion in annual sales and stores of at least 90,000 square feet to pay workers at least $10 an hour in wages plus $3 an hour in fringe benefits by mid-2010. Does this mean a 16 year old kid must be paid 10 bucks per hour plus benefits from day one? Possibly,
The air is slowly going out of the Denver housing market. Fortunately, we didn’t experience the kinds of runaway growth rates such as in Phoenix and on the coasts, but the market here is still not good for homeowners who banked on significant appreciation. Foreclosures are high, and a major reason is that people have simply run out of money and
She’s long been considered a big downer of an economist, but Tucker Hart Adams is considered something of a local celebrity and her recent condemnation of deficit spending and the debt-based economy in general were front page news. I like Adams. She’s certainly not an Austrian, but she gets it. Specifically, she understands that an economy cannot
yesterday in LRC, Thomas DiLorenzo notes: The “essence of militarism,” [William Graham] Sumner observed, is to despise constitutions, to sneer at parliaments, and to look with contempt at civilians. All the neocon talking heads, from Limbaugh to Hannity and Levin and others, adopted the slogan, “9/11 changed everything” every time someone like
KHOU reports that a Houston subdivision has hired private security to replace government police. The result? Half the crime for half the cost. And while it’s not reported, incidents where the police shoot unarmed neighborhood residents this have also likely been cut to zero. Dave Albin recently covered the issue of private security for Mises
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