Econ Comments & Analysis
CATO | Raising Minimum Wage Will Hurt More than Help
President Barack Obama wants to give low-wage Americans a raise. Actually, he wants to force other people to give them a raise. It’s a bad idea.
Blogs
WSJ | Employment Index Signals Modest Gains Ahead
A compilation of U.S. labor-market indicators dropped in March, but still signals modest job gains ahead, according to a report released Monday.
Café Hayek | Econ 101 and the Minimum Wage
Those who argue that the minimum wage has little or no effect on employment sometimes describe those of us on the other side as using Econ 101 or perfect competition or the marginal product theory of the demand for labor or an equilibrium concept of the labor market to argue that the minimum wage reduces employment.