Labor and Wages

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.

The F.A. Hayek Memorial Lecture, sponsored by Greg and Joy Morin.

Recorded in Tampa, Florida on February 25, 2023.

Recorded in Tampa, Florida on February 25, 2023.

With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan's rapidly aging demographics, Jeff and Bob take a hard look at the economics and humanity of greying America.

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.

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.

Dr. Peter Klein joins Jeff and Bob to explain the huge disconnect between supply and demand for labor in post-COVID America.

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."

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."