Tag Archives : wages


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 […]

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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 […]


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 […]

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Peter Schiff ~ Meet “Lowflation”: Deflation’s Scary Pal

  Source: http://www.europac.net By Peter Schiff Friday, April 4, 2014 Meet “Lowflation”: Deflation’s Scary Pal   In recent years a good part of the monetary debate has become a simple war of words, with much of the conflict focused on the definition for the word “inflation.” Whereas economists up until the 1960′s or 1970′s mostly […]


DRAMA Fry Cook Shifted to Part-Time Work Confronts Obama

  H/T CynNiki ‏@cynniki9   Source: http://www.economicpolicyjournal.com By Robert Wenzel DRAMA Fry Cook Shifted to Part-Time Work Confronts Obama   During a Google Hangout session last week Friday, fry cook Darnell Summers told President Obama that his hours were cut due to the Affordable Care Act. “We were broken down to part time to avoid […]

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Obama Doubles Down On Destroying The Economy

  Source: http://www.againstcronycapitalism.org By Hunter Lewis Obama Doubles Down On Destroying The Economy     Is the president really this ignorant of business and economics? Telling American employers to raise their wages sounds innocent enough. But it ceases to be innocent when people lose their jobs as a result of it. In his State of […]


Government Policies Hurt Low-Wage Workers

  Source: http://the-free-foundation.org By Ron Paul Government Policies Hurt Low-Wage Workers   Fast-food workers across the county have recently held a number of high profile protests to agitate for higher wages. These protests have been accompanied by efforts to increase the wages mandated by state and local minimum wage laws, as well as a renewed […]


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The State Causes the Poverty It Later Claims to Solve 1

  Source: https://mises.org By Andreas Marquart The State Causes the Poverty It Later Claims to Solve   If one looks at the current paper money system and its negative social and social-political effects, the question must arise: where are the protests by the supporters and protectors of social justice? Why don’t we hear calls to […]


37 Reasons Why “The Economic Recovery Of 2013″ Is A Giant Lie 2

  Source: http://theeconomiccollapseblog.com By Michael Snyder 37 Reasons Why “The Economic Recovery Of 2013″ Is A Giant Lie   “If you repeat a lie often enough, people will believe it.”  Sadly, that appears to be the approach that the Obama administration and the mainstream media are taking with the U.S. economy.  They seem to believe […]

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Wow – The Holiday Shopping Season Is Off To A Horrible Start

  Source: http://theeconomiccollapseblog.com By Michael Snyder Wow – The Holiday Shopping Season Is Off To A Horrible Start   According to the National Retail Federation, Americans spent an average of 4 percent less over the four day Thanksgiving weekend than they did last year.  Overall, that means that approximately $1.7 billion less was spent at […]