Labor and Wages

Displaying 71 - 80 of 246

Ocasio-Cortez is Wrong: We're Not Working 80-Hour Weeks Now

Labor and Wages

Blog11/07/2019

Some politicians are sure that even average Americans are working more grueling hours than ever. On average we have more leisure time than ever now, and working hours are down over the past 20 years.

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California Has the Nation's Worst Poverty Rate, New Census Data Shows

Labor and WagesPoverty

Blog10/29/2019

The high cost of living in California — fueled by government regulations and taxes on the middle class — means the state now has some of the worst poverty and homelessness of any state.

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Unions and Protectionism, Not Free Trade, Doomed the Rust Belt

Bureaucracy and RegulationLabor and WagesProtectionism and Free Trade

Blog10/18/2019

In the second half of the twentieth century, pro-union and anti-trade policies led to a Rust Belt that became uncompetitive, costly, and unable to cope with reality. More protectionism won't save the region now.

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Why "Worker Exploitation" Is a Myth

Labor and Wages

Blog10/14/2019

Workers get paid now, but the capitalists only get paid if there is a profit. This is why workers aren't paid 100 percent of the value of their output. For them, there is far less risk than for the capitalist.

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The Hidden Costs of a Universal Basic Income

Labor and Wages

Blog10/10/2019

Supporters of the universal basic income claim it ends dependence on markets, bosses, family, and bureaucrats. But it doesn't eliminate dependence. It only transfers dependence to the central state.

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Why is the "Cost of Living" in Cities so High?

Labor and WagesU.S. EconomyPrices

Blog09/04/2019

More than half of the people in the world currently live in urban areas or cities, in spite of it being more expensive to do so. Why?

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The New York Times Gets Slavery (and Capitalism) Wrong, Yet Again

Labor and WagesU.S. History

Blog08/31/2019

If violence is the key to creating wealth, as Desmond insinuates, then the communist nations would have created fabulous amounts of wealth given the brutality of 20th-century Stalinism.

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Will Robots Replace Human Workers? Let's Hope So.

Labor and Wages

Blog08/30/2019

New technologies, not the state, will be the key to making it ever easier to meet basic needs and diminish the perceived need for more government services.

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The Left Argues Slavery Was an Economic Blessing. Here's Why They Are Wrong.

Labor and WagesU.S. HistoryWorld History

Blog08/20/2019

Slavery was a monstrously unfair and immoral institution. It was also inefficient, compared to a system based on free labor.

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From the Malthusian Trap to the Keynesian Trap: The British Economy from 1810 to 2019

Labor and WagesMoney and BanksMoney and Banking

Blog08/17/2019

The Keynesian obsession with avoiding deflation and pushing consumer spending has led to a serious decline in savings and capital accumulation.

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