Jobs are the means, not the ends in themselves.
Senators Tom Cotton (R-AR) and David Perdue (R-GA) recently introduced the Reforming American Immigration for Strong Employment (RAISE) Act. If it were to become law, RAISE would cut legal immigration by 50 percent over the next ten years by reducing green cards for family members of U.S. citizens and lawful permanent residents, slashing refugees, and […]
How to evaluate the economic record of Barack Obama? To even begin answering, it’s necessary to go beyond just counting the number of jobs created during his presidency (10 million) or calculating the average growth rate (1.5%) or even looking at something more wonky like the labor force participation rate.
Imagine that you run a family daycare out of your home. You have no direct connection to the state government, but its bureaucrats decide that because you lack an “organized voice” as a profession, they’re going to appoint a union representative to speak on your behalf.
On Friday, January 20, 2017, Donald Trump was sworn in as the 45th President of the United States. His victory in the 2016 election was a surprise to many, and his success in the so called Rust Belt made it happen. Wisconsin, Michigan and Pennsylvania all went to Trump, something that hadn’t happened for a Republican […]
For 50 years, America has offered an escape hatch for victims of the Castro regime; now President Obama is slamming it shut.
“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
Trump doesn’t seem like the type for self-improvement, but here are four unsolicited recommendations anyway.
For almost a decade, Congress debated creating an immigration system free from discrimination by nationality, country of birth, or country of residence. President-elect Trump, however, now proposes to discriminate unlawfully against certain foreign nationals on the basis of the same protected grounds without any legislation from Congress.
Early proponents of the minimum wage advocated it not in spite of, but for its deleterious effects on minority populations.
Recycling is one example of an action that we take in the present to benefit a group in the future.
Not only have their ideas failed on their terms, they have backfired, creating more lawlessness than before.
California’s minimum wage is set to rise to $15 an hour by 2022.
Economic competition in functioning market economies it the best surefire way to reduce global poverty. That, and letting people leave poor countries for rich ones.
“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 […]
If we believe in liberty for migrants as well as Americans, we must grant them liberty peacefully to travel the world unmolested and to settle wherever they find homes to rent and enterprises to work for.
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.
Unions leverage special government-granted powers (e.g., unique exemptions from antitrust laws) allowing current employees to prevent competition from others willing to do the same work for less.
A focus on jobs missing the forest for the trees. We should be focused on creating wealth, not maximizing employment.
Is there any issue that divides people more than immigration? It’s an emotional topic that pits competing factions between and within parties against each other. As a result, it’s a high-profile issue this election cycle. Where do the candidates stand? In the new Learn Liberty video below, George Mason University Professor Donald Boudreaux addresses where […]
There is perhaps no public policy issue that has more misinformation around it than immigration. Because immigrants (except for naturalized citizens) can’t vote, they make for a favorite political scapegoat for a stagnant economy, meager job creation, and slow wage growth. Immigrants and Economic Growth In the new Learn Liberty video below, Texas Tech Professor […]
Editor’s Note: This is part 2 of an open letter from Prof. Howard Baetjer to a friend who commented on one of his Facebook posts about minimum wage laws. You can view part 1 here.Baetjer and his friend, Adam, look at the minimum wage issue from very different perspectives, so Baetjer wrote an open letter. […]
A small group of workers walked out at Walmart on Black Friday 2012, and the company has been for a few decades now a leading emblem of what is supposedly wrong with the modern global economy. Shouldn’t Walmart just be more generous? Not necessarily. First, the managers of corporations are answerable to their shareholders. This […]
Does the “Made in Bangladesh” tag on your shirt—which could just as easily be read as “Made by Child Labor”—make you feel bad? There’s no question it should make us reflect on the incredible standard of living that we enjoy. But as Texas Tech Professor Benjamin Powell explains, we shouldn’t feel bad or unethical for […]