Labor and Wages

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.

We already knew recent jobs report—as far as the establishment survey is concerned, were based largely on made up numbers.

The problem for most Americans is that it is increasingly difficult to make ends meet despite record government spending, or because of its negative impact on inflation and taxes.

Accusations are aimed at the fashion industry of "exploiting" their models and other workers. Yet, it is much easier to accuse an industry of exploitation than it is to define what exploitation might be.

The minimum wage is harmful, racist, sexist, and completely unnecessary.

"Division of labor really is the market economy."

Jonathan Newman shows how the division of labor sustains civilization.