Wishing people had higher wages doesn't change the fact that it's impossible to make people richer by merely passing a law. Workers can only sustainably be paid more if they produce more. Fortunately, markets offer an answer to this problem.
Last year, on net, nearly 138,000 more people left California than moved into it from elsewhere in the US.
UK politicians are now at war as some push to make Brexit a catalyst for pro-market reforms such as slashing taxes. Others, however, want to double down on the worst the EU bureaucracy has to offer.
Austrian Economics OverviewPhilosophy and Methodology
BiographiesCalculation and KnowledgeMoney and Banking