Employment compensation

May 19, 2016

5 Ways Obama’s New Overtime Rule Will Harm Workers

In announcing the Obama administration’s new overtime rule (for more on this news, see this explainer), Vice President Joe Biden says companies will “face a choice” to either pay their workers for the overtime that they work, or cap the hours that their salaried workers making below $47,500 at 40 hours each work week. Continue Reading...

May 19, 2016

Explainer: Obama’s New Overtime Rule

What just happened? On May 18, the Obama administration announced the publication of a new Department of Labor rule updating and expanding overtime regulations. Why did the overtime rule change? Since the 1930s some white collar jobs (i.e., Continue Reading...

April 15, 2016

A Policy Solution to Fix Inequality and Boost GDP

Andrew Biggs of AEI has a piece up today at Forbes addressing the gender pay gap and provides a neat solution: “forbid women from staying at home with their children.” As Biggs points out, such a policy would address perhaps the greatest root cause of gender pay inequality: varied work experience attributable to choices women make. Continue Reading...

April 08, 2016

Why We Should Oppose Both Skynet and Minimum Wage Increases

I oppose implementing Skynet and increasing minimum wage laws for the same reason: to forestall the robots. It’s probably inevitable that a T-1000 will return from the future to terminate John Connor. Continue Reading...

April 07, 2016

Minimum Wage Advocates: ‘Sure a $15 Wage Will Increase Unemployment. So What?’

In almost every long-term clash over a cultural or political policy, there comes a point that I’d call the “comfort-level concession.” If the agenda of one side has been won — or has at least moved sufficiently toward achieving victory — the winning side often feels comfortable making concessions about claims that they may have previously denied. Continue Reading...

March 30, 2016

10 Things You Should Know About the Minimum Wage Debate

Since 1938, when President Franklin Delano Roosevelt introduced the first federal minimum wage in the U.S., a debate has raged about whether wage floors help or hurt workers. But thanks to a radical economic experiment in California, we may be only a few years away from having a definitive answer. Continue Reading...

January 04, 2016

Why Minimum Wages Increases Don’t Target Poverty

If you ask most people why they support raising the minimum wage they’ll says it’s because it helps the poor. But as David Neumark, a scholar at the Federal Reserve Bank of San Francisco notes, numerous studies have shown that there is no statistically significant relationship between raising the minimum wage and reducing poverty. Continue Reading...

December 29, 2015

Why Does the New York Times Want to Hurt the Poor?

While it may be difficult to imagine, there was once an era when the New York Times was concerned about the poor. Consider, for example, a 1987 editorial they ran with the headline, “The Right Minimum Wage: $0.00.” Continue Reading...

February 23, 2015

What Patricia Arquette Should Have Said About the Wage Gap and Women’s Rights

During last night’s Oscar ceremony, Best Supporting Actress winner Patricia Arquette used her acceptance speech to rail against unfair pay for women: To every women who gave birth to every taxpayer and citizen of this nation, we have fought for everybody else’s equal rights. Continue Reading...

January 05, 2015

Increase Minimum Wage Or Increase Employment?

One holdover from 2014 into the new year is the cry for an increase in the minimum wage. President Obama pledged (in a December 2014 speech) to bump the minimum wage up to $9/hour nationally. Continue Reading...

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