Economics

Bernie Sanders’s Workers Wanted $15 an Hour—So He Cut Their Hours

Bernie Sanders’s Workers Wanted $15 an Hour—So He Cut Their Hours

The Sanders campaign, which has called for a $15 minimum wage since its beginning, now struggles to meet that demand for many of its own workers. 

Don’t Feel Bad About Using the Self Checkout

Don’t Feel Bad About Using the Self Checkout

Don’t give in to social pressure, use the self-checkout if you wish, and don’t lose any sleep over what your friends are sharing in their social media feeds.

Living the Dream: One Way to Financial Happiness

Living the Dream: One Way to Financial Happiness

Practice frugality. Work hard. Save and invest your money.

Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

The minimum wage’s apparent popularity might be political pyrite (fool’s gold). 

What the 15-Hour Work Week Prophets Failed to Account for

What the 15-Hour Work Week Prophets Failed to Account for

How do people account for the discrepancy between projections and actual working hours? There are some popular explanations, all of which share one commonality: they blame the phenomenon on the shortcomings of individuals.

A Time for Trade Schools

A Time for Trade Schools

We should applaud as Americans become disenchanted with a world of cubicles and debt. They’re finding greater reward in learning a trade.

Who Is for Middle America?

Who Is for Middle America?

As long as we place ourselves beneath the yoke of “cheap labor” and the “cheap cause” of ideologues, the immigration status quo will continue to hollow out what little remains of our way of life.

What If Charity Replaced Taxation?

What If Charity Replaced Taxation?

Perhaps if the government demanded less (coercively), people would give more voluntarily.

I Went to a Socialism Conference. Here Are My 6 Observations.

I Went to a Socialism Conference. Here Are My 6 Observations.

There wasn’t a wide gap between what was being discussed at Socialism 2019 and the ideas emerging from a growing segment of the American left.

Can Summer Jobs Reduce Violent Crime?

Can Summer Jobs Reduce Violent Crime?

Could summer jobs be the key to decreasing crime?

Are We Witnessing the Resurrection of Bitcoin?

Are We Witnessing the Resurrection of Bitcoin?

Bitcoin is back. The pioneering cryptocurrency has shown clear signs of recovery in the last months, moving from $3,715 in January this year to nearly $12,000 today.

The BBC’s Critique of ‘I, Pencil’ Misses the Point

The BBC’s Critique of ‘I, Pencil’ Misses the Point

“I, Pencil” has persuaded people of the wonders of the free market. Some want it to be destroyed.

Foul! Women Actually Make More Than Men in Soccer

Foul! Women Actually Make More Than Men in Soccer

When viewed analytically—based on how much money they generate—women in soccer actually make more than men.

Restaurant Chain Announces Bankruptcy, Says Minimum Wage Hikes to Blame

Restaurant Chain Announces Bankruptcy, Says Minimum Wage Hikes to Blame

The minimum wage was not the only factor Restaurants Unlimited blamed for their impending bankruptcy. The company also cited a pair of soft restaurant openings and a decline in casual dining.

Progressives Propose to Eliminate Over a Million Jobs Held by the Working Poor

Progressives Propose to Eliminate Over a Million Jobs Held by the Working Poor

Saying that you will eliminate over a million jobs held by the poorest people in America is not exactly a winning message. Instead, they frame it as a pay increase. Will Americans be fooled?

'Hold The Mayo': Me and Mickey D’s

'Hold The Mayo': Me and Mickey D’s

Yep, I’m eating at McDonald’s. And so are a lot of other people. Let’s see why.

Cronyism vs. Free Markets in ‘Stranger Things’

Cronyism vs. Free Markets in ‘Stranger Things’

Free exchanges are positive-sum endeavors. They work because both parties — in their own estimation — benefit. This is how wealth is increased through production and exchange.

Why I am Not a Socialist

Why I am Not a Socialist

I share a lot of the concerns and goals of those who describe themselves as “socialists.” Why, then, am I not a socialist? I think, though, that they are making serious mistakes. To put it simply, people too often mistake the ends for the means and define economic and political systems in terms of their advocates’ stated goals rather than the actual characteristics of those systems. 

New York City’s Students Deserve School Choice

New York City’s Students Deserve School Choice

Mayor de Blasio’s policies keep New York City kids trapped in violent, chronically failing schools.

Why the Minimum Wage Can’t Solve the Poverty Problem

Why the Minimum Wage Can’t Solve the Poverty Problem

A higher minimum wage is sold as a way to help millions out of poverty. The reality is that it only benefits a small minority to the cost of everyone else.

U.S. 'Non-Profit' Hospitals and CEOs Raking in Big Bucks

U.S. 'Non-Profit' Hospitals and CEOs Raking in Big Bucks

The lavish profits and salaries of America's top non-profit hospitals' executives impel many to call for increased transparency. 

Midwestern Values: May We Never Lose Them

Midwestern Values: May We Never Lose Them

To a city slicker like me, 4-H and farm chores epitomize the discipline and ethos of Midwestern Americans.

The Deafening Silence on Social Security’s Looming Insolvency

The Deafening Silence on Social Security’s Looming Insolvency

The bottom line is that within 16 years, either Social Security recipients will have to take a 20 percent benefits cut, or workers will have to incur a 20 percent payroll tax increase.

Thanks, 'Avengers: Endgame,' for Reminding Us Why Inflation Matters

Thanks, 'Avengers: Endgame,' for Reminding Us Why Inflation Matters

I liked “Avengers: Endgame,” whose plot is based on time-traveling superheroes. It was definitely three hours of escapist fun. But the hype surrounding its box office records, like its plot, shouldn’t be taken too seriously.

Three Myths About Prohibition and Why It Actually Worked

Three Myths About Prohibition and Why It Actually Worked

Americans fail to realize that prohibition was a success. Will the myths surrounding prohibition trick us into legalizing everything?

Here’s What's Wrong With Bernie's Plan to Eliminate Student Loan Debt

Here’s What's Wrong With Bernie's Plan to Eliminate Student Loan Debt

There’s seemingly no end to the populist handouts – nor to the erosion of personal responsibility that comes along with them.

Why 'Young Hearts' Tend Toward Socialism

Why 'Young Hearts' Tend Toward Socialism

Youthful idealism plays a role, but family and work experience are just as important.

Global Capitalism Makes Your Hipster Minimalism Possible

Global Capitalism Makes Your Hipster Minimalism Possible

All the stuff both Left and Right claim to hate makes the minimalist life possible.

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