Quite remarkably, for the second time in a week, The New York Times has shown some economic sense. Let me repeat that, with some emphasis added: For the second time in a week, The New York Times has shown some economic sense.
The proposed wage New York State wage increase, limited to fast food restaurants with thirty or more locations, “doesn’t do much to raise incomes for workers who don’t work at fast-food chains,” the Times helpfully points out, “[a]nd it imposes higher costs on some businesses than others; in this case, much higher, because fast-food chains will be required to pay about $6 an hour more than their nonchain competitors.” Good points, both.
TweetToday, Cato University Director Tom Palmer concluded his lecture series on the origins of state and government. He showed how guilds, churches, and other associations served as an alternative to[…]
TweetToday, I started my second day at Cato University by attending a morning lecture by Jeffrey Miron, director of undergraduate economic studies at Harvard, on the power of incentives. Miron[…]
TweetI am attending Cato University 2015, an immersive seminar program occurring on July 26-31 at the think tank’s headquarters in Washington, DC that educates students and professionals on political economy.[…]
If you don’t visit Somewhat Reasonable and the Heartlander digital magazine every day, you’re missing out on some of the best news and commentary on liberty and free markets you can find. But worry not, freedom lovers! The Heartland Weekly Email is here for you every Friday with a highlight show.
TweetOn July 8, I represented The Heartland Institute at The Publicity Club of Chicago’s (PCC) luncheon on Strategies for Creating Engaging Social Content. PCC is the United States’ largest independent[…]
TweetEDITOR’S NOTE: Emily Zanotti also contributed to this blog post. On June 30th, Greece became the first nation in the European Union to default on payments to the International Monetary[…]
Almost everyone outside the world of the Austrian School of Economics unquestionably assumes that the regulation of so-called “natural monopoly utilities” is both fair and necessary as well as efficient and effective. This is — to borrow a buzz word from the Left — “unsustainable,” in both theory and practice.
Carol Andress, director of legislative operations for the Environmental Defense Fund (EDF), was humiliated in a televised debate with CFACT’s Marc Morano. It is impossible to overstate what a blow-out this debate was for Morano.
Michael Mann, Pennsylvania State’s notorious ClimateGate e-mail scandal figure, has garnered close to $6 million promoting scary scientific conclusions serving government’s goal of control over energy sources, $3.6 million of it from the National Science Foundation.
Missouri’s dreadful welfare system is perhaps the worst in the nation, and Gov. Jay Nixon (D) has a unique opportunity to reform the failing program and provide significant and lasting changes that will improve the lives of thousands of Missouri’s citizens, but all indications are the governor won’t.
Because the cryptocurrency sytem requires no bank, and no government control it is truly disruptive and multiple agencies described by the authors are already trying to block it or control it.
When President Bill Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act into law in 1996, some Democrats and virtually all Republicans in Congress, led by then-Speaker Newt Gingrich (R-GA), predicted the law would lead to dramatic reductions in welfare. They were right.