living wage

The Minimum-Wage For Volunteering is $0.00

Fantastic points in this column. Definitely worth reading. A Modest Proposal to Ban Volunteering – Reason.com: “But if we are serious about addressing economic inequality and restoring social justice, then a minimum wage increase should be just the start. We…

Last B.C. Starbucks outlets cut ties to union

Note, this article contains the ‘living wage’ buzz-word. (ht: Starbucks Gossip) Last B.C. Starbucks outlets cut ties to union: “Workers at seven Vancouver Starbucks locations have bolted from the Canadian Auto Workers Union, leaving the global coffee giant with just…

The Minimum Wage’s Dirty Little Secret

Quite true. And we see this same scenario play out over and over … The Minimum Wage’s Dirty Little Secret – The Foundation for Economic Education: The Freeman, Ideas on Liberty: “Put bluntly, the politically sponsored increases in the minimum…

Robert Reich on the Minimum Wage

It’s scary to think of the power this guy once had (labor secretary under Clinton). His column reads like a litany of economic ignorance. Does Business Need Washington To Manage Wages? – Mises Institute: “Seriously, Reich’s argument here is so…

The Minimum Wage: Good Intentions, Bad Results

Nice piece here, succinctly sums up most of the major problems with this concept. The preponderance of information (both theoretical and empirical) on this subject makes one wonder: Why do politicians continue to push for a minimum wage and vote…

The Minimum Wage In Practice

Here’s a concrete example of the legislated minimum wage in action. Opportunity Village and Fewer Opportunities by Doug French: “Tanchek was bothered because he believed at the time that organizations like Opportunity Village would have to comply with the new…

The Right Minimum Wage

A slam-dunk here by George Will. The mandated minimum-wage is one of my pet-peeves. Hat tip goes to Dr. Russell Roberts for the link. George F. Will – The Right Minimum Wage – washingtonpost.com: “A federal minimum wage is an…

Does Understanding Economics Make One Conservative?

Does Understanding Economics Make One Conservative? I think so, if one comprehends basic economic principles. I’ve long felt that one has little choice but to have a predilection for libertarian/conservative views if he truly understands these fundamental principles. How could…