News
Bloomberg | ADP Says Companies in U.S. Add Most Workers in Five Months
Companies added more workers in April than at any time in the previous five months, signaling further progress in the labor market, a private payrolls report showed.
Politico | Senate GOP blocks wage hike
Senate Republicans rejected opening debate on a Democratic bill to gradually hike the minimum wage to $10.10 an hour on Wednesday, arguing the legislation would cost the nation jobs while it undergoes a tepid economic recovery.
Econ Comments & Analysis
Mercatus | The Best Way to Fight Poverty
Much of Washington’s ongoing economic policy debate focuses on reducing poverty, with many arguing to raise the minimum wage and expand government programs. But this focus ignores two simple truths.
AEI | Dangerous to ignore high unemployment rates
Sir, One has to be surprised at Niall Ferguson’s sanguine view of the tectonic changes taking place in European politics. Since, despite the recent dramatic change in the European political landscape, he only adds to the complacency in European policy circles by confidently asserting that despite the economic shocks it has experienced the European political centre will hold.
