As a nation we have witnessed the bad outcomes of when legislation tries to artificially replace the laws of economics.
Tag - minimum wage
Amazon is not perfect, as no company, entrepreneur, group, or person is, but Amazon has made us all better off.
I spent 9 months in China where I observed the greater degree of freedom in which the poorest urban Chinese live, compared to my own supposed freedom back in Canada.
There’s a meme posted on the book of feaces about converting what Bob Cratchit in Dicken’s “A Christmas Carol” earns to current US dollars and comparing it with a worker on minimum wage today. That meme (image below) is in fact completely wrong. but I suspect the...
Seattle raised its minimum wage to $13 an hour in an effort to help poor people, but it's having the opposite effect, lowering incomes and costing jobs.
Economists know exactly how Los Angeles’ new $15 minimum wage will affect workers. Unions supported the increase, but for very different reasons than they stated publicly.