labor


Labor Day

By Dr. Paul Craig Roberts Paul Craig Roberts.org September 5, 2016   Labor Day   Labor Day – what is it? Perhaps not many Americans any longer know, so here is my explanation. In my time Labor Day was the unofficial end of summer, because school began after Labor Day. Today school begins almost a […]

Dr. Paul Craig Roberts

Dr. Paul Craig Roberts

Jobs Report Blues

By Dr. Paul Craig Roberts Paul Craig Roberts.org April 4, 2016   Jobs Report Blues   On Friday the Bureau of Labor Statistics reported that there were 215,000 new jobs in March. John Williams of ShadowStats.com reports that these “new jobs” result from the the Birth-Death model that “artificially inflates headline month-to-month payroll gains with […]


23 Percent Of Americans In Their Prime Working Years Are Unemployed

By Michael Snyder Economic Collapse Blog March 27, 2016   23 Percent Of Americans In Their Prime Working Years Are Unemployed     Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are […]

23 Percent Of Americans In Their Prime Working Years Are Unemployed

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Will Immigration Force a Change in Sweden’s Labor Laws?

By Per Bylund Mises.org January 15, 2016   Will Immigration Force a Change in Sweden’s Labor Laws?   Sweden might be heading toward reform of its very rigid labor laws, which include labor union control of wages and “last in — first out” hiring and firing rules. This means the previously most-untouchable tenet of the Swedish […]


Yet Another Fabricated Jobs Report ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org January 10, 2016   Yet Another Fabricated Jobs Report   According to Friday’s (January 8) payroll jobs numbers, almost 300,000 new jobs were created in December. Additionally, the previous two months were revised upward by 50,000 jobs. Apparently, the equity market did not believe the report, with […]

Dr. Paul Craig Roberts

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Technology and Government Shouldn’t Mix

By Benjamin M. Wiegold Mises.org December 17, 2015   Technology and Government Shouldn’t Mix   We live in a time like never before in human history. Our scientific knowledge and technological capabilities are rapidly advancing, affecting nearly every aspect of human life. Examples are rife, from smart phones and robotics, to thought-controlled prosthetics, wireless power, […]


US On Road To Third World

By Dr. Paul Craig Roberts Paul Craig Roberts.org October 29, 2015   US On Road To Third World   On January 6, 2004, Senator Charles Schumer and I challenged the erroneous idea that jobs offshoring was free trade in a New York Times op-ed. Our article so astounded economists that within a few days Schumer […]

Dr. Paul Craig Roberts

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Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job 1

By Michael Snyder Economic Collapse Blog October 4, 2015   Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job     The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation.  For the month of September, the […]


It is Interesting How People Define Labor as Communistic

By Martin Armstrong Armstrong Economics September 8, 2015   It is Interesting How People Define Labor as Communistic     It is fascinating how some people interpret “total productive capacity” as only brute labor and thus, communistic. This becomes their argument for precious metals. True, Marx focused on labor as wealth, and he was partially […]

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(Image courtesy of Lynn Friedman/Flickr,CC)

The Absurdity of the “Living Wage”

By Bill Bonner Bonner & Partners September 8, 2015   The Absurdity of the “Living Wage”     GUALFIN, Argentina – Yesterday was Labor Day. Most of the world pays homage to its sweating, busing, trucking classes, its poor huddled masses… yearning for a cushier seat and a better deal… on May 1. President Grover […]


Will Robots Put Everyone Out of Work?

By Sandy Ikeda Foundation for Economic Education August 22, 2015   Will Robots Put Everyone Out of Work? Automation Is Good for Humans   Will workplace automation make the rich richer and doom the poor? That could happen soon, warns Paul Solman, economics correspondent for PBS NewsHour. He’s talking to Jerry Kaplan, author of a new […]

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The Next Recession Looms Large

What Kind of “Improvement” Does the Fed Want?

By Peter Schiff Euro Pacific Capital August 7, 2015   What Kind of “Improvement” Does the Fed Want?   Over the past few years observing changes in Federal Reserve interest rate policy has been a little like watching paint dry or grass grow…only not as exciting. That’s because the Fed has not changed its benchmark Fed […]


War Is No Excuse for Socialist Planning

By Robert P. Murphy Foundation for Economic Education July 31, 2015   War Is No Excuse for Socialist Planning Do We Need Government to Design a “War Economy”?     After the Soviet Union fell, just about everybody — except some humanities professors at Harvard — agreed that full-blown central planning was a bad way […]

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