Business

How Labor Unions Can Be Anti-Labor

To anyone who understands the role of the productivity of labor in raising real wages, it should be obvious that the unions’ policy of combating the rise in the productivity of labor renders them in fact a leading enemy of the rise in real wages.

The War on Uber

The War on Uber

Hillary Clinton gave a speech warning that the new "sharing economy" of businesses such as the ride-hailing company Uber is "raising hard questions about workplace protections." Democrats hate what labor unions hate, and a taxi drivers' union hates Uber, too. Its NYC...

Mayor de Blasio Bully Villain; Uber American Hero

Mayor de Blasio Bully Villain; Uber American Hero

Uber is hugely successful, posing a threat (via competition) to New York city’s cab companies. The mayor and other members of the New York City government seek to protect those cab companies by throttling, impeding or otherwise undercutting Uber.

Wealth Gap

Wealth Gap

Nearly 10,000 people turned out to hear Bernie Sanders in Wisconsin. Why? Apparently, many Democrats want socialism.

Are Hedge Funds Worth More Than Kindergartens?

Are Hedge Funds Worth More Than Kindergartens?

"The top 25 hedge fund managers made more than all the kindergarten teachers in the country," declared President Obama in a discussion of poverty at Georgetown University. Calling them “society’s lottery winners,” he proposed to hike their taxes. Predictably, battle...

The Doctor-Laborer Inversion

The Doctor-Laborer Inversion

The battle over minimum wage is raging. Emotions are running hot. Some cities are setting the bar very high. For example, Seattle is mandating a $15/hour wage. Economically, the issue is very simple. Minimum wage laws do not raise anyone’s wage. This is because it’s...

Business as a Moral Endeavor

Business as a Moral Endeavor

Business is moral because our lives and well-being depend on it, and businesspeople are heroes and moral creators who deserve, not our disdain and criticism, but our thanks.

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