Tag Archives: Economics

The Minimum Wage and Indifference

We Can Predict The Effects Of Seattle’s $15 An Hour Minimum Wage. In light of Seattle’s recent decision to raise its minimum wage to $15 an hour, numerous free-market writers have done an excellent job detailing the long list of … Continue reading

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“Sochi Problems” Are Government Problems

The Winter Olympics came and went, as the world’s best skiers and skaters (yeah, the entire winter Olympics is based on those two unpopular sports, but we try not to talk about that in order to be polite) descended upon … Continue reading

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The Unintended Consequences of “Helping” The Troops

Payday Lending and Overdraft Protection | The Volokh Conspiracy Back in 2007, the U.S. military was facing a problem.  Soldiers, Sailors, and Marines were (and still are) awful with money.  They were racking up massive debts, and scrambling to attempt … Continue reading

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The “Better Off Than Your Parents” Myth

It’s a common refrain in American society, I’m sure you’ve heard it before.  The specific phrasing varies, but it usually goes something like, “Every parent wants their children to be better off than they were,” or “Everyone wants to be … Continue reading

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More On “Fair” Wages

In my last post, I mentioned that a libertarian, if asked to estimate the “worth” of an hour of unskilled labor, would likely answer “We can’t know, but probably less than $7.50.”  To me, the logic behind this seems pretty … Continue reading

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Subjective Value And “Fair” Wages

Tom Woods has written some excellent posts on recent protests by fast-food workers here and here.  He covers a lot of ground in these, but I just wanted to elaborate on one particular issue that stood out to me. Question:  … Continue reading

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Boys get paid more than girls for chores because they have to do gross, dirty, potentially dangerous chores that girls don’t? No silly. It’s because SEXISM! | judgybitch

Boys get paid more than girls for chores because they have to do gross, dirty, potentially dangerous chores that girls don’t? No silly. It’s because SEXISM! | judgybitch. I discovered this blog by a charming woman who refers to herself … Continue reading

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