wages


I want to work sign

Labor Unions Are Anti-Labor

Source: http://mises.org By George Reisman   Labor Unions Are Anti-Labor   Many Americans, perhaps a substantial majority, still believe that, irrespective of any problems they may have caused, labor unions are fundamentally an institution that exists in the vital elf-interest of wage earners. Indeed, many believe that it is labor unions that stand between the […]


Turning Piketty Right Side Up

  Source: https://mises.org By George Reisman Turning Piketty Right Side Up   Thomas Piketty, a neo-Marxist French professor, has written a near-700-page book, published by Harvard University Press. His book is titled Capital in the Twenty-First Century, in honor of Karl Marx’s nineteenth century Das Capital. It has been greeted with fervent applause from the […]

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Even the Feds Admit Minimum Wages Cause Unemployment

  Source: https://mises.org By Nicholas Freiling Even the Feds Admit Minimum Wages Cause Unemployment   Minimum wage doesn’t apply to everyone. When Congress first established minimum wage in the Fair Labor Standards Act of 1938, it left a loophole for businesses that employ people with disabilities. The Secretary, to the extent necessary to prevent curtailment […]