The Feds Move Closer to a $15 Minimum Wage
Those who suffer most from mandated wage hikes are low-skilled workers, disabled workers and part-time workers in the sector. And poorer regions suffer more than rich ones.
Big Government
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Plastic Bans: Imaginary Benefits, Real Costs
Proposals to ban single-use plastics is yet another triumph of symbolism over substance. Unfortunately, while the benefits are largely illusory, the costs are quite real.
Ignore the Fear Mongering, Here’s What Climate Change Models Actually Say
The most alarming of the projections of climate change damages rely on naïve assumptions about human adaptability.
Michel Accad, MD, Leads Bob on a Discussion of “Efficiency” and “Market Failure” as Used in Health Economics
Bob Murphy and Michel Accad discuss the development of “welfare economics” in mainstream theory.
