Economics

Your First Job: Real Costs of the Minimum Wage 0
- Economics
- September 28, 2018
With midterm elections approaching, ideological battlegrounds are being staked out — and few carry greater promise of enticing voters than minimum wage policy. Recent political developments in this area include repurposing the minimum wage as a “living wage”, conflating and popularizing the notion of a “Universal Basic Income”, and a “corporations can afford it”/”fight for $15” narrative. The latter is the
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You Can Trust The Polls in 2018, If You Read Them Carefully 0
- Economics
- September 26, 2018
On the morning of Nov. 8, 2016, many Americans went to bed confident that Hillary Clinton would be elected the nation’s first female president. Their confidence was driven, in no small part, by a pervasive message that Clinton was ahead in the polls and forecasts leading up to the election. Polling aggregation sites, such as
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How One African Nation is Pulling Itself Out of Poverty 0
- Economics
- September 25, 2018
When discussing the dramatic increase in living standards of the last decades, we usually forget to mention that this increase hasn’t been uniform. Whereas Asia has experienced tremendous economic growth, Africa is the continent that has benefited the least from global capitalism. This doesn’t mean that living standards in Africa haven’t increased at all. Since
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The New York Times Explains Why the Minimum Wage Should Be $0.00 0
- Economics
- September 25, 2018
The minimum wage is the Jason Vorhees of economics. It just won’t die. No matter how many jobs the minimum wage destroys, no matter how many times you debunk it, it always comes back to wreak more havoc. Economic Literacy from an Unexpected Source We’ve covered the issues at length at FEE, and quite effectively,
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How Public Pension Liabilities Are Becoming Public Threats 0
- Economics
- September 20, 2018
In most states, people tend to worry about things like education or the economy. In Oregon, public pensions are suddenly at the forefront of political discussions. Why? Because the Public Employees Retirement System (PERS) in Oregon is more than $25 billion in the hole. Of course, Oregon is hardly the only state deep in the
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Should College be Free?0
- Economics
- September 20, 2018
Fall is here. That means many things are on their way down, including bank accounts as parents write tuition checks. Is anything going up? Maybe interest in “free” college. How often are we told by our friends on the left that we ought to follow the lead of Europe, specifically western Europe? Pretty often, by
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