Mike Raths

Posts by Mike Raths

July 30, 2015

USCCB’s Misunderstanding of Economics

Today, the United States Conference of Catholic Bishops (USCCB) called for supporting just wage public policies. While the religious leaders genuinely concern for the poor, they display a deep lack of understanding of basic economic principles, namely the law of supply and demand. Continue Reading...
July 23, 2015

Minimum Wage OR Minimum Unemployment?

Various forms of government intervention negatively affects economic vitality in many ways, however few policies impact the market as directly as wage laws. The $15 minimum wage law in Seattle dramatically influences determinants of business owners’ hiring practices. Continue Reading...
July 07, 2015

Charleston, Guns, and Natural Law

In the aftermath of the Charleston church shooting in which nine people were killed during Bible study, debates and pushes for more gun control revived. Shooter Dylan Roof’s weapon of choice was a .45 caliber handgun with five extra magazines of ammunition. Continue Reading...