A CEO gets a lesson in economics
Different workers produce different outputs. This is valued differently and, thus, compensated differently: "We realized that we had to pay attention to market forces"
Different workers produce different outputs. This is valued differently and, thus, compensated differently: "We realized that we had to pay attention to market forces"
It’s a simple fact that income levels in most low-cost states cannot support a $15 minimum wage.
The minimum wage labor force continues to make up a tiny and shrinking population of the workforce. Additionally, minimum wage workers tend to be young, less likely to be married…
Despite an ailing travel industry, the MAC has decided to raise the minimum wage for airport workers to $15. But not to worry yet, the MAC has plans to help…
As the state looks to a post-Covid-19 future, what economic policies can help us get back on our feet?
The only way to boost wages is to boost worker productivity.
More research has provided further evidence that minimum wage hikes are bad public policy.
Belief in minimum wage hikes is about as close to belief in Milton Friedman's mythical 'free lunch' as you will find. They seem to offer the prospect of benefits for…
If you want to help low paid workers its simple; you just vote in politicians who promise to make it more expensive to buy their labor and employers will just…
We all want to see higher wages and workers with more money to spend. What are the things we should be looking at to really accomplish that?
Seattle's council commissioned research into the effects of its minimum wage increases. When it didn't like the results, it commissioned some more
Higher wages will only come from higher productivity. Trying to raise wages by dictating prices is like trying to slow your car by pressing down on the speedometer’s needle.
People often say “If you don’t like gay marriage, don’t get one”. Fine. If you don't want a job at $9.50 per hour, don’t get one.
Minneapolis’ small business owners are vital to the economy and will struggle with this proposed ordinance. All politicians like Council Member Bender can offer them are empty clichés. Since when…
Higher minimum wages hurt the very unskilled workers they are intended to help. They also hurt small businesses rather than big ones. Minneapolis City Council's discussion of the $15 per…