Minimum Wage Laws Have Many Victims
Employers, workers, and consumers are all hurt when minimum wages are imposed on markets.
Labor and Wages
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Hayek on Good and Bad Unemployment Policies
One of the obstacles to a successful employment policy is, paradoxically, that it is so easy to reduce unemployment, at least in the short term.
Capital As a Form of Charity
Both fact and logic seem to support the view that savings invested in privately owned economic tools of production amount to an act of charity.
Sylvester Petro’s Austrian Perspective on Labor Unions
Sylvester Petro's books on labor unions are among some of the best written on labor policy.
Unions Want Freedom of Association — But Only for Themselves
If workers have freedom of association, they also need the right to refuse to associate with unions, if they wish.
The Chinese Exclusion Act Was An Assault on Private Property
Many private employers were contracting with Chinese workers to move to California and work. And then Congress outlawed the contracts.
Is it a Crime to Support Government Aggression?
Are supporters of the minimum wage law criminals? Possibly, but not necessarily.
Union Dues and the “Free Rider” Problem
Workers don't "free ride" on labor union services. In fact, many workers suffer harm from them.
Is Population Decline Catastrophic?
In the 70s, we were told to panic about population growth. Now we're told to panic about population decline. But is it really a problem?
London Caves to the Black-Cab Monopolists — Blocks Uber
London's new ban on Uber removes Londoners’ freedom of choice — and makes them poorer.
