Amity Shlaes has written a fine piece in National Review Online on one particular aspect of the Great Depression having to do with minimum wages (NRO, May 7, 2014). As she points out, recent research has changed the way we evaluate that event in economic history. In case you don’t remember, the dominant narrative had been that […]
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Don’t Forget History
08 May 2014
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Minimum Wage Ad Hominem courtesy of the NYT
11 Feb 2014
The minimum wage continues to be pushed by those on the left as a way to confront income inequality. On the right, there are vigorous rebuttals, focusing mainly on both the theoretical and empirical case against price controls. The New York Times has come up with their spin on this, questioning the motives of those […]