Slow Wage Growth Could Be Thanks to ‘Sticky Wages’
Wages can be "sticky" even in the absence of government. But the biggest problems with wage rigidity are often the result of government intervention.
Labor and Wages
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The Week in Review: September 9, 2017
It is during times of crisis like this, when government feels the greatest need to control, that sound economics is most needed.
Taxation, Slavery, and Consent
Slavery has never been defined by the brutality of the conditions under which a person labored; but by the lack of consent.
How Welfare States Make Us Less Civilized
The market’s informal, spontaneous cooperation for mutual benefit has been replaced by a statist mindset.
Employment Is Not the Key to Economic Growth
Fixing unemployment without addressing the issue of real savings cannot increase the pace of economic growth.
Week in Review: July 8, 2017
Sometimes, "it becomes necessary for one people to dissolve the political bands which have connected them with another."
The Left/Right Crack-Up Over Seattle and the Minimum Wage
So while the left’s support of the minimum wage is offensive, the right’s fight against what’s offensive perhaps explains why we still have wage floors.
Trump’s Maoist Steel Obsession
The wealth of nations is not measured in steel, or in the number of people who make it domestically.
Week in Review: July 1, 2017
Janet Yellen and her colleagues continue to ignore the consequences of their own actions,
