In the case of the Hollywood writers’ strike, who has the moral high ground? Many have seen the consistent refrain that Hollywood executives are taking advantage of poor, overworked writers via streaming culture changes and AI’s rise.* Hollywood studio executives are trying to cut costs to preserve profits in a new and changing environment for […]
Archives
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Why Progressives Support the minimum wage?
19 Mar 2021
A democratic friend of mine asked me recently what educated progressive economists would point to in arguing for the minimum wage to be increased. I suggested to him that most are well aware that the minimum wage at some level is going to be harmful (which is why nobody is calling for a $100/hr min […]
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Earlier this month in Cedarville University’s Chapel, Kevin Jones challenged CU students and faculty to take some time this month to read or watch a movie about a prominent African-American in their academic discipline to understand their contributions to the broader field. That challenge was a delight to me, and I quickly shared a video […]
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In the “take any good news you can” category, the $15/hr minimum wage proposal was dropped from Democrat’s $1.9T stimulus, but let’s not think it’s dead. Nor is the damage of its proposal not going to be felt, as employers are on notice they need to pursue more automation as labor cost increases will be […]
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Are Hamburger-flipping jobs worthy of praise?
04 Feb 2021
On my most recent post, one commenter took us a bit off the direct path with a comment about the need for 21st Century education. While I agree that education is important, and indeed, investment in human capital is the best thing we can do to help the poor, the minimum wage is an additional […]
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In my last post, one anonymous commenter challenged me on the data of minimum wage. Rather than burying what is an important response deep within a post, I will first copy the critique, and then provide a detailed response. Dr. Hammond, You paint a pretty alarming picture of the effects of a minimum wage increase […]
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Mr. Biden’s progressive war on work
28 Jan 2021
In my last post, one commenter disagreed with my characterization that many of Mr. Biden’s approaches are ungodly. He acknowledged abortion, but found comfort that Mr. Biden is “is at least familiar with the leadings of God” since he prays. That gives me no particular comfort, as the Bible is clear that it is possible […]
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Most people resonate with the Biblical admonition to help the orphan and the widow, and they are imaging their creator when they do, since God does have special compassion to the vulnerable. So its natural and good when people and ministries focus on helping people improve their lives, in many different ways. But some ways […]
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The “Better Deal” is Another Raw Deal
28 Jul 2017
The Democratic Party, recognizing that it has lost touch with many of its former constituents, rolled out its “Better Deal” this week in Virginia. We have now had Teddy Roosevelt’s “Square Deal,” Franklin Roosevelt’s more famous (or infamous) “New Deal,” Harry Truman’s “Fair Deal,” and now the latest “deal” for the American people. All of […]
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I have so far avoided taking any position on the two main candidates for president. For my colleague Mark Smith, don’t worry, I will. I intend to continue the path of avoidance in this blog. Today I would like to examine and evaluate each candidate’s economic program. I say nothing about their personal morality, or […]