fbpx

Latest Posts

Home

Facebook

Twitter

Search
About

Renewable energy costs more jobs than it creates

There are an estimated 6,200 jobs in renewable energy in Minnesota. But these have come at the cost of higher energy prices for Minnesota's consumers. If they had that extra money to spend on other things, they would have generated 8,700 jobs elsewhere. When we consider the benefits of renewable energy in terms of jobs, we also have to consider the costs in terms of the jobs lost to generate them. ...

Continue reading

Milton Friedman demolishes the federal jobs guarantee

You may have heard recently about the federal jobs guarantee. This policy proposes guaranteeing a job to anyone who wants one, at $15 an hour plus benefits, by the simple expedient of having the federal government offer a limitless amount of such jobs. Needless to say, this is an utterly dreadful policy. And it is not new. Back in 1978, the Humphrey–Hawkins Full Employment Act was passed. In August 1976, the economist Milton Friedman took aim at this proposed legislation in his column for Newsweek A centerpiece of the Democratic fall campaign is the “Humphrey-Hawkins Full Employment and Balanced Growth Act of 1976.” Support...

Continue reading