Tag: economics of labor
How to get millions of people working for you
January 8, 2017 | Post
“The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.” — Adam Smith
How to get your progressive friends to understand the minimum wage
December 16, 2016 | Post
Early proponents of the minimum wage advocated it not in spite of, but for its deleterious effects on minority populations.
The co-bots are coming to fast food factories
October 16, 2016 | Post
“We’re going to need to see your birth certificate,” the manager said, making a notation on my employment application, “But you’re hired. Show up a 10 a.m. on Thursday for training.” I was too young and dumb to realize he was calling my bluff. I had to be 16 to take the job and I […]
Low-Skilled Immigrants Are Still Not Harming Low-Skilled Natives
September 28, 2016 | Post
The introduction of low-skilled immigrants frees up time for native workers to improve their skills and move on to higher paying jobs. This is a desirable economic development from the migrant, as well as the native, laborers perspective.