Labor and Wages

Displaying 1 - 10 of 100

The Next Prime Minister Must Choose: Working Class Britons, or the Neo-Keynesians

Labor and WagesMoney and BanksTaxes and Spending

Blog07/16/2019

An estimated 78 percent of the UK’s working population are unable to make ends meet between pay-days. Neo-Keynesian policies are to blame.

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Consumers Will Decide If Women's Sports Teams Get "Equal Pay"

Labor and Wages

Blog07/11/2019

If the fans want the women to be paid more than the men, the consumers will have to spend more on watching them.

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How Labor Unions Violate Employer and Non-Union Worker Rights

Labor and Wages

Blog07/09/2019

Federal labor laws increase monopoly power, reduce competition, and void free association, all in the name of "workers' rights."

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Homelessness and the Failure of Urban Renewal

Labor and WagesPoverty

Blog06/14/2019

We continue to live with the wreckage of failed urban renewal, and Progressive city planning. And the evidence can be seen in the tent cities and makeshift latrines we now see in public spaces.

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Three Ways Capitalists Make Workers Better Off

The EntrepreneurLabor and Wages

Blog06/07/2019

Capitalists provide a service to workers: access to capital with no risk, and immediate payment for services. Meanwhile, starting your own business brings both risk and a long wait before the profits start rolling in.

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The Irrelevance of “Worker Need” and “Employer Greed” in the Determination of Wages

Labor and Wages

Blog05/30/2019

In the conditions of a labor shortage, which necessarily materializes if wage rates go below the point corresponding to full employment, the payment of higher wages provides exactly the same benefit to employers.

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Why the Elites Look Down on Manual Labor

Labor and Wages

Blog05/18/2019

Alexandria Ocasio-Cortez is aghast that some people like to pick up a few bucks doing work which brings no prestige. This is part of a larger obsession among politicians with de-valuing and working against unglamorous jobs that involve "dirty" work.

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The Scaremongers Are Wrong about Robots and AI

Labor and WagesPoverty

Blog04/29/2019

Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.

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Krugman Needs a Lesson on Why Truckers Are Paid Less Now than in the 1970s

Labor and WagesValue and Exchange

Blog04/18/2019

Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.

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The High Cost of Mandatory Paid Parental Leave

Bureaucracy and RegulationLabor and Wages

Blog03/25/2019

Mandatory parental leave imposes costs on employees who don't qualify for leave, and on the employers themselves — driving down demand for workers, and raising unemployment. 

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