Tag Archives: minimum wage

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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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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Income Doesn’t Matter

A few weeks ago, you couldn’t swing a stick without hitting on a discussion about raising the minimum wage.  One of the more nuanced arguments coming from those in favor of raising it involved how productivity has risen, but the … Continue reading

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Notes on Costco vs Wal-Mart

A meme has been going around Facebook regarding one of the left’s favorite comparisons, Costco and Wal-Mart.  You see, Costco pays a “living wage” and offers generous benefits and its employees frolic in sunshine and fairy dust.  Evil Wal-Mart on … Continue reading

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Labor Markets Aren’t Special

The laws of economics are universal.  They apply to all markets, everywhere, at all times.  At times, governments or other hostile forces may restrict certain markets in particular ways to cause them to be unique, but the general laws still … Continue reading

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Why Isn’t the Working Families Party Paying Its Employees a Living Wage? | All American Blogger

Why Isn’t the Working Families Party Paying Its Employees a Living Wage? | All American Blogger. You just can’t make stuff like this up.  Do as I say, not as I do, and such…

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