Labor and Wages

Displaying 1 - 10 of 138

Why Abusive Cops So Often Keep Their Jobs

Labor and WagesThe Police State

Blog06/02/2020

When you hear a cop has been fired from his job for some heinous act, be sure to check back a few months later. He may have been rehired thanks to the fact that it's very easy for cops to appeal termination and win.

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Krugman: We Need More Unemployment—to Save Us from Unemployment

Booms and BustsLabor and WagesOther Schools of Thought

Blog05/19/2020

Paul Krugman is now claiming that reopening the economy and allowing people to go to work almost surely will cause a depression.

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In Defense of Landlords

CapitalismLabor and Wages

Blog05/04/2020

Landlords invest their stored labor—savings—at a risk and with the knowledge that they won't recoup it for some time. In creating or renovating rental properties, they aid those who can't store their labor yet—tenants and laborers.

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This Bust Wasn't Caused by a Virus

Booms and BustsFinancial MarketsLabor and Wages

Blog04/24/2020

The COVID-19 panic may have sped up the beginning of this economic crisis, but the virus wasn’t the cause. The real cause of the crisis was the boom that came before it.

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Why the Current Unemployment Is Worse Than the Great Depression

CapitalismLabor and Wages

Blog04/24/2020

Even though the official unemployment rate is probably not quite as high as it was in 1933, there are reasons to believe that our labor market is currently in even worse shape economically than it was at the lowest depths of the Great Depression.

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The US Labor Market Will Heal Faster Than the European One

Global EconomyLabor and Wages

Blog04/16/2020

The key to recovering jobs quickly and efficiently is the combination of a flexible labor market, an attractive investment framework, and solid policies to preserve the business fabric of the country.

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Danish State Plans to Pay the Salaries of Private Sector Workers

InflationLabor and WagesMoney and Banks

Blog04/13/2020

The Danish state believes that the nation can avoid economic collapse if the state pays private sector workers' salaries. This, it is thought, will allow private companies to avoid layoffs. But there's a downside.

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Capital Accumulation: The Way to Increase Wages

Labor and WagesTaxes and Spending

Blog04/03/2020

Real higher wages can't be created with a government fiat. Worker productivity must first be increased through greater investment.

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Japanization: 30 Years of Failed Economic "Stimulus"

Labor and WagesMonetary PolicyWorld History

Real wages in Japan have been declining thanks to decades of expansionary monetary and fiscal policies. Now "Japanization" increasingly looks like a fate that awaits Europe.

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Mises: To Adopt Keynesian Terminology Is to Legitimize It

InflationLabor and WagesMedia and Culture

Blog02/29/2020

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread public misinformation at the Mont Pèlerin Society meeting at Princeton, New Jersey, on September 11, 1958.

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