Showing posts with label labor union. Show all posts
Showing posts with label labor union. Show all posts
Thursday, February 14, 2013

Video: Milton Friedman on the Minimum Wage Law

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In the following video, the late illustrious economist and Nobel prize winner Milton Friedman eloquently explain ed of the nasty side effe...
Wednesday, January 16, 2013

Example of How the Minimum Wage Hurt Businesses

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Below is an example how government interventionism harms businesses and thus the economy. In the case below, the adverse impact of minimum ...
1 comment:
Thursday, October 11, 2012

US States: High Debts and Labor Unionism

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Some debt crisis stricken US states could be facing debt downgrades soon. From Businessweek/Bloomberg , The debt of 30 California ci...
1 comment:
Monday, August 27, 2012

Quote of the Day: Keynesian Policies as Root of Inflationism

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What is happening instead is that workers are getting higher money wages, which are lower real wages because the value of the monetary un...
Thursday, March 10, 2011

The Tipping Point Of The Industrial Age Political Order

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Politics has been shifting along with the evolution in the economy. The problem is that most people’s mindset has still been stuck with arch...
Monday, March 07, 2011

Why Global Labor Unions Have Been On A Decline

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Labor unions have been on a declining trend, not just locally but internationally. Trade or Labor Unions, according to the Wikipedia , is ...
2 comments:
Monday, January 11, 2010

Poker Bluff: The Exit Strategy Theme For 2010

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Many have used the strong showing of 2009 to advert that 2010 would be the year of “exits”. I don't buy it. As in the game of poker...