MicroGroks
Raising New Hampshire’s minimum wage to $15 an hour would cost the state nearly 6,000 jobs and more than 9,000 residents, raise consumer prices, reduce economic output, and cause serious harm to small businesses and the leisure and hospitality industries, a new report from New Hampshire Employment Security concludes.
“How would you reform the economics profession to make it better …?” Cowen asked Cochrane. “You’re in charge. You pick the reforms as if you would run the whole gliding committee. What would you do?”
Eugenicists and racists, mostly Democrats, crafted the original minimum wage idea to harm the same people that our modern-day Democrats now claim would benefit. Their ideological forebearers had it right, so are their 21st-century social re-engineers ignorant, stupid, or evil?
There is therefore no ground for the pretence that in order to maintain equilibrium between production and demand, we must employ the foresight of an army of administrators and surveyors, whose duty it should be to prescribe what every produce should provide, and consequently how much each consumer should enjoy. Inhabitants of our metropolis see …
Notable Quote – The Case against Socialist Control of the Economy Read More »
It’s one thing to hear outsiders making claims about conspiracies among political insiders to use the COVID panic to implement power grabs in areas having nothing to do with public health. They’re just conspiracy nuts, right?
Remember when Amazon pulled out of Seattle in part because of the city was planning to target its largest employers with a ‘head tax’? Remember when Amazon scuttled its plans to open a center in New York City, because AOC and other progressives organized opposition to the move? Clearly this is a company that is …
Do you remember how bad the Obama Administration was at being a “green Venture Capitalist” (think: Solyndra)?
WHY do we have to be in the Paris Accord? Any reduction in CO2 emissions is being swamped by China – which has promised to only come up with a figure for the Paris Accord by 2030.
The Biden administration is preventing the development of multitrillion-dollar domestic resources. There are differing views on this but look at the difference between the Trump economy and the Obama economy.
On Day One, president asterisk took a tire iron to New Mexico’s economy and that of some Utah Indians as well. They’re not happy. But the damage is a lot worse than that. His promised changes could easily cost Americans 6 million jobs, and he’s just getting started.
