Archive for Minimum wage
The Robot Lobby Loves a Minimum Wage Hike
There is a clever page on Facebook purporting to represent Robots who are for a $15 minimum wage. Here’s one of their “posters”: This is fantastic. It alludes to the fact that labor unions and other groups support the minimum wage for personal gain, while cloaking that support with noble-sounding rhetoric. (Here’s a recent article […]
Read moreI Have Found a Nobel Economist Calling Krugman’s Walmart Article Crankish
[UPDATE below.] Remember in his recent Walmart piece that Krugman wrote: Conservatives — with the backing, I have to admit, of many economists — normally argue that the market for labor is like the market for anything else. The law of supply and demand, they say, determines the level of wages, and the invisible hand […]
Read moreTwo New Mises Canada Posts
This one on a “useless minimum wage chart,” and this one on why I’m upset with myself for being profitable last year.
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