Labor and Wages

Displaying 1 - 10 of 216

There Is No Moral Right to Strike

Economic FreedomEconomic PolicyLawLabor and Wages

Blog05/25/2023

American law protects what is called the "right to strike." However, Leonard Read found no moral code that permits such action.

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The New Immigration Bill Is a Trojan Horse for E-Verify and Is a Threat to All Americans

Bureaucracy and RegulationLabor and WagesU.S. History

Blog05/09/2023

A new bill being sold as an "immigration control" measure is really a vast expansion of the federal regulatory and surveillance state known as "E-Verify."  The potential for abuse is enormous. 

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How to Teach Austrian Economics to the Neighbor Kids

Economic FreedomThe EntrepreneurLabor and WagesEntrepreneurship

Blog05/02/2023

Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.

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Yes, the Minimum Wage Harms the Economy

Free MarketsLabor and WagesU.S. Economy

Blog01/25/2023

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

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Who Pays Wealth Tax: The Rich or the Poor?

CapitalismLabor and WagesTaxes and Spending

Blog11/30/2022

Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."

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The West Didn't Become Rich Because of Slavery But in Spite of It

Labor and WagesPovertyU.S. History

Blog10/08/2022

The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.

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Wages, Unemployment, and Inflation

Labor and WagesValue and Exchange

Blog09/14/2022

There is only one way to improve the standard of living for the wage-earning masses: increased capital investment.

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Leonard Read Really Did Know Beans about Labor

Bureaucracy and RegulationFree MarketsLabor and Wages

Blog08/22/2022

Despite the decree from the federal government that labor is not a "commodity" or an "article of commerce," Leonard Read knew better.

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AB 257: Another Antieconomic California Boondoggle

Big GovernmentLabor and WagesLegal System

Blog08/17/2022

Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.

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Biden-in-Wonderland: A $15 Minimum Wage Will Not Increase Business Costs

InflationLabor and WagesUnemployment

Blog05/10/2022

In a recent speech, President Joe Biden blamed inflation on businesses raising prices and told them that they needed to lower their business costs -- but boost wages. You do the math.

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