Here’s great business advice: raising your prices won’t affect how many consumers you have. That’s the argument proposed by those who favor raising the minimum wage. Employment won’t be affected by forcibly raising the cost of labor.
Despite the absurdity of this and the broad agreement among economists that the minimum wage will [...]
Foreign policy statists react to foreign crises the same way progressives react to mass shootings: demanding policy proposals that will do nothing to fix the problem, but will make them feel like they’re morally superior to the “Do-Nothing” crowd.
Fortunately for team “Do-Something,” they have home court advantage (saturating the greater Washington D.C. area [...]
People should fear the economic effects of hosting the Olympics with all the same fright that they fear the economic effects of incoming hurricanes and tornadoes. It’s the smash-a-thousand-windows economic development plan.
The War on Drugs appears to be winding down, and the vast majority of Americans seem think that it hasn’t been a success. A majority also would like to see marijuana legalized. Many states have already taken steps to decriminalize or even legalize. With full legalization under way for [...]
In a 1952 polemic on the future of the Republican Party, the conservative essayist Bill Buckley begins by favorably quoting the iconic libertarian thinkers Herbert Spencer, Albert J. Nock, and H.L. Mencken, agreeing with them that the state was the “common enemy of all well-disposed, industrious, and decent men.” The young Buckley considered the [...]
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- Washington State’s Minimum Wage Does Cause Unemployment
- Team “Do Something” Is Winning
- Olympic-Style Waste: Why America Should Stop Bidding for the Olympics
- The War on Immigrants Is Already The New War on Drugs–And It’s About To Get Worse
- Conservatism’s Loss of Candor
- No, a CIA Spy Wasn’t Captured In Ukraine
- Russia’s Toilets, Sochi’s Problems, and Why it Matters
- A Philosophical Deficit
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