'If you keep on plucking the golden goose, Yellen is economist enough to know that eventually, this fowl will seek greener pastures.'
The Left Will Tell You That Raising the Minimum Wage Will Boost Productivity - Don't Let That Fallacy Fool You
'Get rid of this pernicious law, and the highly unskilled will also be able to earn an honest dollar,' economist Walter Block writes.
'It is no accident that before the advent of the minimum wage law, unemployment rates for all age categories were similar.'
Walter Block explains why a Biden presidency would see the minimum wage increase - and the unemployment rate along with it.
'It is impossible to determine which patients would still be alive due to the existence of this barking-mad policy.'
From an economic perspective, socialism is the system in which the government owns the major means of production.
If government bureaucrats ceased and desisted from these uneconomic activities of theirs, we might be four times as rich as at present.
Why do Bernie Sanders and Elizabeth Warren attract such large crowds, especially of young people, to hear their economic nostrums?
The protests first started in opposition to the Chinese government’s demand to transfer to mainland jurisdiction Hong Kongers accused of crimes.