All Posts Tagged With: "wages"
Tough on Immigration Is Tough on Economic Growth
Not to be outdone by Arizona’s tough immigration law of 2010, Alabama and Georgia legislators passed their own immigration bills in 2011. The bills received a great deal of media attention because they were widely touted as good for growth and job creation, and were harsher on illegal immigrants than Arizona’s law. In a New [...]
4Jan2012 | Scott Beaulier | 21 comments | ContinuedEugenics: Progressivism’s Ultimate Social Engineering
According to the received account of the Progressive Era, an enlightened government swept in and regulated markets for goods, labor, and capital, thereby protecting the hapless masses from the vicissitudes of unrestrained laissez-faire capitalism. The Progressives had faith that experts would rise above self-interest and implement wise plans to create a great society. The resulting [...]
21Sep2011 | and Art Carden | 21 comments | ContinuedSardines at Midnight
Sardines at midnight? If the mood should strike me, I can zip down to the local Safeway store here in Belmont, California, which is open 24/7, and be back with a can in 20 minutes. My biggest problem would be choosing from among Thai, Canadian, Polish, or Norwegian sardines packed in water, olive oil, tomato-basil, [...]
24Aug2011 | Warren C. Gibson | 3 comments | ContinuedHenry Hazlitt on Unions: Part II
In my last column (November) I discussed Henry Hazlitt’s views on the economic effects of unions, exclusive representation and mandatory bargaining, labor’s alleged bargaining-power disadvantage, and the right to strike. Here I will discuss three other aspects of Hazlitt’s views on American unionism: involuntary unionism, government-employee unionism, and what he called the “Grand Illusion” of [...]
8Jul2010 | Charles W. Baird | 2 comments | ContinuedGlobalization: The Irrational Fear that Someone in China Will Take Your Job
With the Obama administration turning toward trade protectionism, this is a good time to revisit the age-old controversy over free trade. Recent arguments have often centered on the supposed evils of globalization, and Globalization attempts, with only partial success, to deal with globalization anxiety. According to Greenwald (who teaches in Columbia University’s Graduate School of [...]
20Apr2010 | Phil Murray | 0 comments | ContinuedThe Freedom to Move
The freedom of the individual to move toward greener pastures, wherever they may seem to be, has been a vital part of the freedom of commerce—the freedom of choice that has constituted the truly distinctive characteristic of “the American way.” In view of our long experience of near-perfect freedom to move about as each might [...]
1Nov2006 | Oscar W. Cooley | 0 comments | ContinuedThe Disconnect Between Political Promises and Performance
What can politicians do to create more higher paying jobs? Politicians must think that most of us believe the answer is: a lot. One of the most persistent campaign promises is the creation of good jobs at good wages. I shall argue that politicians can do quite a number of things to increase high-wage employment. [...]
1Apr2006 | Dwight R. Lee | 0 comments | ContinuedResearch Needed!
If you’re an economics graduate student looking for a good dissertation topic, this is your lucky day. Here are two topics that I sincerely believe are worthwhile, challenging, and—if done well—could launch you into academic stardom. The first topic is best expressed as a question: how much of our material standard of living do we [...]
1Sep2005 | Donald J. Boudreaux | 0 comments | ContinuedTwisting Economics Against Immigrants
P. Gardner Goldsmith is an independent journalist and screenwriter in New Hampshire. On January 7 President Bush announced what appeared to be a sweeping plan to grant de-facto amnesty to millions of illegal aliens working in the United States. In fact, it was little more than a long-term worker-visa program that barely increased the ability [...]
1Sep2004 | P. Gardner Goldsmith | 0 comments | ContinuedBut what about . . . ?
My Virginia license plate, adorning both bumpers of my Japanese car, reads FRE TRDE. I always mention this to audiences so they know exactly where I stand on the question of how free consumers should be to spend their incomes on foreigners’ goods and services. I am proudly, completely, confidently, and unconditionally a free trader. [...]
1Sep2003 | Donald J. Boudreaux | 0 comments | ContinuedWhy Wages Used to Be So Low
Thomas Woods holds a Ph.D. in history from Columbia University and is assistant professor of history at Suffolk Community College, a unit of the State University of New York. A widespread misconception about the market economy is that it was responsible for low wage rates from the beginning of the Industrial Revolution through the early [...]
1Jun2003 | Thomas E. Woods Jr. | 0 comments | ContinuedColossus: How the Corporation Changed America
The American boy of 1854,” Henry Adams observed, “stood nearer to the year 1 than the year 1900.” A major reason was the development of the corporation and the rise of the United States to a world power during the late 1800s. In Colossus, editor Jack Beatty, as his book’s subtitle suggests, looks at “how [...]
1Sep2002 | Burton W. Folsom Jr. | 0 comments | ContinuedImmigration: An Abolitionist’s Cause
One of the most frequent arguments used against opening borders is that it would add to the welfare burden of the state and that innocent taxpayers will be compelled to pay for slothful immigrants. Slothful immigrants? Students in my international trade and finance classes always get a good laugh at the notion of “slothful immigrants.” [...]
1Jan2002 | Ken Schoolland | 0 comments | ContinuedWhy Economies Grow
Aaron Schavey is a policy analyst in the Center for International Trade and Economics (CITE) at the Heritage Foundation. One of the consequences of living in an affluent society such as the United States is that the poverty of the majority of the world is often overlooked. For instance, a recent report from the Organization [...]
1Nov2001 | Aaron Schavey | 2 comments | ContinuedThe Luckiest Generation
W. Michael Cox, senior vice president and chief economist at the Federal Reserve Bank of Dallas, and Richard Alm, a business writer, are co-authors of Myths of Rich and Poor: Why We’re Better Off Than We Think. Meet the Luckiest Generation. When it comes to the material facts of life, the young men and women [...]
1Mar2001 | and W. Michael Cox | 1 comment | ContinuedCapital Letters
To the Editor: In response to Charles Baird’s article “Sources of Pro-Union Sentimentality” (Ideas on Liberty, March), I would like to respond with a few points overlooked. Although I agree with most of the points brought up by Professor Baird, I think unions do play a legitimate role in the marketplace for several reasons. First, [...]
1Jun2000 | FEE Admin | 0 comments | ContinuedWilliam H. Hutt: A Centenary Appreciation
In the mid-1980s I had the good fortune to be teaching at the University of Dallas with Professor William H. Hutt as a colleague. By that time he was already in his mid-80s and held the title of “emeritus.” Though stricken with an increasingly debilitating case of arthritis, Professor Hutt would be in his office [...]
1Aug1999 | Richard M. Ebeling | 8 comments | Continued-
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