Abolish the Federal Minimum Wage
There is a "virtual consensus" among economists that the minimum wage puts people out of work.
There is a "virtual consensus" among economists that the minimum wage puts people out of work.
If the former president wins the 2024 race, the circumstances he would inherit are far more challenging, and several of his policy ideas are destructive.
A few reasons to remain calm about the economy
A key indicator has predicted every recession since 1970, and the alarm just sounded.
Growth of regulation slowed under former President Trump, but it still increased.
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
Plus: Trump wants to cut federal spending, Mike Solana wants to save San Francisco, Canada wants to throw thought criminals in jail, and more...
Why aren't politicians on both sides more worried than they seem to be?
Many have seen their hours reduced—or have lost their jobs entirely.
Private unions have every right to exist, but that doesn't mean they're actually beneficial on net.
AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.
AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.
A similar law in California had disastrous consequences.
These handouts will flow to businesses—often big and rich—for projects they would likely have taken on anyway.
The question of how best to measure inflation has no single and straightforward answer, but most people know that the president's economic claims aren't true.
Self-employment in California fell by 10.5 percent and overall employment tumbled by 4.4 percent after A.B. 5's implementation.
We're often told European countries are better off thanks to big-government policies. So why is the U.S. beating France in many important ways?
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
The country's current struggles show the problems of the Beijing way—and make the case for freedom.
Plus: GOP hopefuls debate tonight, Canadian link tax backfires, and more...
The Dirty Jobs host is freaked out by the number of men who have dropped out of the workplace.
Not only is that claim factually incorrect, but it's also wrong to be so pessimistic about young people's economic future.
Despite multiple warnings in the past, the Department of Labor has yet to implement a comprehensive strategy for detecting unemployment insurance fraud.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
Some people would benefit. Others would lose money or be rendered unemployable.
Employment is an ultimatum game, where playing along might get workers less than employers, but refusing to play gets everyone zero.
These are the people who showed up when the economy was shut down by the government, working in jobs labeled "essential."
With government meddling, many farmers end up doing less with more, and people end up paying more for less.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.
Even reduced immigration and job openings for miles aren't luring America's ever-growing workforce dropouts back in.
Some conservative media outlets and politicians lambast the practice. But if you care about public safety, that opposition doesn't make sense.
The U.S. may not realize it, but it has the upper hand. It turns out communism doesn't work.
The better-than-expected employment numbers are fueling investors' inflation fears and causing the stock market to fall.
Under Biden, Trump, and Obama, government federal spending almost doubled.
The Republican Senate candidate is echoing decades of anti-pot propaganda, but evidence to support his hypothesis is hard to find.
There is seldom any meaningful accountability for government incompetence.
Despite a promising April jobs report, the U.S. is still 3 million workers short.
Plus: Why high inflation is getting more attention than low unemployment, how to make supply chains more resilient, and more...
Unions or minimum wage laws aren't required for workers to shift the balance of power.
Both Republicans and Democrats want to address poverty with big government.
Phony outrage is used to deflect from bad policy decisions.
Economists predicted that we'd see 575,000 new jobs in November. A new Bureau of Labor Statistics report says only 210,000 were created.
Is the problem government cash or have we entered a new paradigm?
Monetary policy can't work optimally until we free up the economy in other important ways.