Interest and the Length of Production: A Reply
A lower interest rate does lead to building more of the capital structure supplemented by reallocation of labor into later stages of production.
Labor and Wages
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Man, Economy, and Sexual Harassment
New government regulations designed to end sexual harassment would only raise the legal risk of hiring women, and encourage employers to hire more men.
Minimum Wage Laws Have Many Victims
Employers, workers, and consumers are all hurt when minimum wages are imposed on markets.
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.
