by Dan Mitchell | Mar 14, 2021 | Blogs, Economics
Over the years, I’ve shared many amusing memes and cartoons about minimum wage laws. But this one, based on a skit from The Eric Andre Show, may be the best of all. Not because it’s making a different point than the others, but because what...
by Dan Mitchell | Feb 9, 2021 | Blogs, Uncategorized
While I understandably don’t like politicians, I rarely think they are stupid. They do lots of idiotic things, of course, but they are making calculated decisions that it’s okay to hurt the economy if they achieve some political benefit. That’s...
by Dan Mitchell | Feb 2, 2021 | Blogs, Economics, Minimum Wage
Assuming they behave ethically and earn money honestly, I applaud big companies and their wealthy owners. That’s why I recently defended Jeff Bezos’ large fortune. The owner of Amazon mostly (but not entirely) became rich by providing value to...
by Dan Mitchell | Oct 23, 2020 | Blogs, Economics, Minimum Wage
In another display of selfless masochism, I watched the Trump–Biden debate last night. The candidates behaved better, for whatever that’s worth, but I was disappointed that there so little time (and even less substance) devoted to economic issues. One of the few...
by Dan Mitchell | Jan 4, 2020 | Blogs, Economics, Minimum Wage
As I discuss in this recent interview, a higher minimum wage is a terrible idea if we care about facts and evidence (and also want to help poor people). In the interview, I mentioned that minimum wage mandates aren’t good news for workers who lose their jobs. One of...
