Labor and Wages

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Seniors Scramble for Income as the Fed Inflates

Labor and WagesMoney and BanksMoney and Banking

Blog01/01/2018
While Americans put on a happy face, central bank inflation robs people at the bottom and transfers wealth to those at the top.
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Private Sponsorship of Immigrants Is a Viable Alternative

Bureaucracy and RegulationLabor and WagesPoverty

Blog12/27/2017

Private sponsorship regimes sidestep the public welfare issue by attaching liability to specific people rather than the state as a whole.

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Was Scrooge the Victim in A Christmas Carol?

Labor and WagesMedia and Culture

Blog12/23/2017
Scrooge was never mistreated by his nephew, by Cratchit, or by those seeking charitable donations. Scrooge was always free to refuse them all.
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Man, Economy, and Sexual Harassment

Labor and WagesValue and Exchange

Blog12/06/2017
New government regulations designed to end sexual harassment would only raise the legal risk of hiring women, and encourage employers to hire more men.
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Minimum Wage Laws Have Many Victims

Bureaucracy and RegulationLabor and Wages

Blog12/01/2017
Employers, workers, and consumers are all hurt when minimum wages are imposed on markets.
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Hayek on Good and Bad Unemployment Policies

Labor and WagesInterventionism

Blog11/16/2017
One of the obstacles to a successful employment policy is, paradoxically, that it is so easy to reduce unemployment, at least in the short term.
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Capital As a Form of Charity

Labor and WagesCapital and Interest Theory

Blog11/13/2017
Both fact and logic seem to support the view that savings invested in privately owned economic tools of production amount to an act of charity.
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Sylvester Petro's Austrian Perspective on Labor Unions

BiographiesLabor and Wages

Blog11/10/2017
Sylvester Petro's books on labor unions are among some of the best written on labor policy.
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Unions Want Freedom of Association — But Only for Themselves

Bureaucracy and RegulationLabor and Wages

Blog11/08/2017
If workers have freedom of association, they also need the right to refuse to associate with unions, if they wish.
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The Chinese Exclusion Act Was An Assault on Private Property

Labor and WagesProtectionism and Free TradeU.S. History

Blog10/14/2017
Many private employers were contracting with Chinese workers to move to California and work. And then Congress outlawed the contracts.
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