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  • Minimum Wage Hike to $15 Wipes Out Jobs in Illinois and New York

    Minimum Wage Hike to $15 Wipes Out Jobs in Illinois and New York0

    Big minimum wage hikes wipe out a lot of jobs. Illinois recently enacted a $15 minimum wage, a large increase in the minimum wage that will be phased in over several years. And businesses are already announcing plans to close up, move out of the state, or curb their expansion in the state. The Daily Gazette

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  • Milton Friedman Was Right to Call Them ‘Government Schools’

    Milton Friedman Was Right to Call Them ‘Government Schools’0

    Today is Milton Friedman’s birthday. He was the 1976 Nobel-prize winning economist who promoted free-market ideals and limited government. The Economist called him “the most influential economist of the second half of the 20th century…possibly of all of it.” He died in 2006, but one of his lasting legacies is EdChoice, formerly the Friedman Foundation for Educational Choice,

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  • Milton Friedman on ‘the Major Fault of the Collectivist Philosophy’

    Milton Friedman on ‘the Major Fault of the Collectivist Philosophy’0

    Economist and University of Chicago professor Milton Friedman (1912 – 2006) spent more than 30 years teaching, and won the Nobel Prize in 1976 for his contributions in the field of economics. He was also one of the first intellectuals to see cracks forming in 20th-century collectivism. In his 1951 essay “Neo-Liberalism and its Prospects,”

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  • Millionaire to Millennials: If You Want to Own a House, Stop Buying $19 Avocado Toast and $4 Coffee

    Millionaire to Millennials: If You Want to Own a House, Stop Buying $19 Avocado Toast and $4 Coffee0

    Via the Guardian: An Australian millionaire and real estate mogul has advice for millennials struggling to purchase a home: stop buying avocado toast. Tim Gurner, a luxury property developer in Melbourne responsible for over $3.8bn in projects, is facing heat for comments he made on 60 Minutes in Australia, implying that young people can’t afford

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  • Millicent, Zombies, and the Gullibility of Americans

    Millicent, Zombies, and the Gullibility of Americans0

    By now you’ve likely seen the video of the Phillips brothers pranking their sister into thinking that the nation was under attack by zombies. As USA Today describes it: “After their younger sister Millicent had her wisdom teeth removed, brothers Cabot, Hudson and Barrett Phillips convinced her that a zombie outbreak had hit their city.

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  • Millennials: Stop Talking About ‘Adulting’ and Become Adults

    Millennials: Stop Talking About ‘Adulting’ and Become Adults0

    My 20-year-old son recently returned home from his first year away at university. Of course, he did not arrive empty-handed: he brought with him several bags stuffed full of dirty laundry. It’s clearly people like my son that the UK’s Department for Education has in mind when it announced plans this week for a “new masterclass to

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