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Youth Unemployment: Are we Becoming Europe?
Alejandro Chafuen, president and chief executive officer of the Atlas Economic Research Foundation and board member of the Acton Institute, recently wrote a piece for Forbes.com discussing youth...
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Why McDonald’s Has Become a School for Remedial Work Skills
“Clean up your own mess. Your mother doesn’t work here.” That was a sign, printed on dot matrix printer paper, which hung in the breakroom of the McDonald’s where I worked. While that was nearly thirty...
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Paying Higher Wages Is Smart—Forcing Everyone to Do So is Dumb
The furniture store Ikea has announced they will begin to base their minimum pay on what’s considered to be a “living wage” in each local area, rather than on what competitors are paying. Similarly,...
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Unemployment as Economic-Spiritual Indicator — January 2015 Report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for...
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Unemployment as Economic-Spiritual Indicator — February 2015 Report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for...
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Why Does the New York Times Want to Hurt the Poor?
While it may be difficult to imagine, there was once an era when the New York Times was concerned about the poor. Consider, for example, a 1987 editorial they ran with the headline, “The Right Minimum...
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Minimum Wage Advocates: ‘Sure a $15 Wage Will Increase Unemployment. So What?’
In almost every long-term clash over a cultural or political policy, there comes a point that I’d call the “comfort-level concession.” If the agenda of one side has been won — or has at least moved...
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Why We Should Oppose Both Skynet and Minimum Wage Increases
I oppose implementing Skynet and increasing minimum wage laws for the same reason: to forestall the robots. It’s probably inevitable that a T-1000 will return from the future to terminate John Connor....
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Now that Republicans control the government, here’s what we can expect
Because of the recent election, Republicans now control the White House, the U.S. Senate (51 percent), the House of Representatives (54 percent), 31 of the 50 state governorships (62 percent), and a...
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What you should know about wage subsidies
Note: This is post #14 in a weekly video series on basic microeconomics. What’s the difference between a wage subsidy and a minimum wage? What is the cost of a wage subsidy to taxpayers? Economist Alex...
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5 victims of the $15 minimum wage
As protests for a $15-per-hour minimum wage continue to rage across the country, cities like Seattle and states like California and New York have already begun to adopt such schemes. But alas, prices...
View ArticleYouth Unemployment: Are we Becoming Europe?
Alejandro Chafuen, president and chief executive officer of the Atlas Economic Research Foundation and board member of the Acton Institute, recently wrote a piece for Forbes.com discussing youth...
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