Labor and Wages

While Graham Priest seems to have "rescued" Marxism from the labor theory of value, he cannot rescue Marxism itself.

Forcing the minimum wage above the real market wage causes more unemployment. Small businesses suffer from these mandates as do the least productive workers. 

Ryan McMaken joins Bob to discuss the recent US Women's World Cup elimination, and to dispel the myth that markets are discriminatory.

Pennsylvania legislators don't claim to be putting people out of work or killing job opportunities. They claim they just want workers to earn more pay.

In this new age of decentralized and democratized content creation, union members' demands may simply be based on wishful thinking for a bygone era.

Yellow Trucking Company has filed for bankruptcy and ceases to exist as a viable firm. Much of the blame is due to the Teamsters Union which has a long a violent history.

Tho discusses the importance of the work of Mises University, some highlights of the week, and ends with a look at Ryan McMaken's article on the Hollywood strikes.

Forcing the minimum wage above the real market wage causes more unemployment. Small businesses suffer from these mandates as do the least productive workers. 

An immigration system based on sponsorship, bonding, and a reduction in the use of public resources would allow the private sector to play a bigger role in which immigrants come here, and which ones stay.

Dr. Jonathan Newman joins Tho to discuss the larger costs of Fed policy and how official government measures can be gamed with techniques such as "shrinkflation."