Labor and Wages

One of the most popular economic fallacies of our time is the belief that the absence of a minimum wage would lead to limitless exploitation of employees in the economy.

Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other factors are at work. 

A new study at UC Berkeley claims that California‘s new $20 minimum wage has had no adverse economic effects. If only that were true.

In Costa Rica the aguinaldo—a legally-mandated Christmas bonus—is an acquired labor right and is meant to provide workers with additional financial security.

Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other factors are at work. 

In this episode, Murphy clarifies what is right and wrong on comparative advantage.

Sponsored by Yousif Almoayyed.

Includes awarding the 2024 Mises Institute Peterson-Luddy Chair in Austrian Economics to Dr. Jeffrey Herbener.

September's job numbers were driven by big increases in government jobs and part-time work.

David R. Henderson joins Bob to critique a recent Brad DeLong essay, which argued that the US had tried an experiment in "neo-liberalism" and that it failed utterly.