minimum wage

July 29, 2016

Economic and religious implications of the DNC platform

Earlier this week, I talked about the religious and economic implications of the RNC platform. As the DNC wraps up, it is time to examine the relevant points of the Democratic platform. Continue Reading...

June 22, 2016

McDonald’s as social enterprise: Capitalism’s community center?

We live, work, and consume within an increasingly grand, globalized economy. Yet standing amidst its many fruits and blessings, we move about our lives giving little thought to why we’re working, who we’re serving, and how exactly our needs are being met. 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 28, 2016

Chobani’s CEO on the Art of Executive Stewardship

As politicians continue to decry the supposed “greed” of well-paid investors, business leaders, and entrepreneurs — promoting a variety of reforms that seek to mandate minimums or cap executive pay — one company is demonstrating the value of economic freedom and market diversity. 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...

February 17, 2016

The Executive’s Conscience: Where Work and Wage Meet

“The twin tracks of work and wage do not meet, and cannot be scientifically related. They are bridged by morality, not by mathematics.” -Lester DeKoster Low-wage workers continue to picket and protest around the country, demanding an increased minimum wage, improved access to benefits, and better working conditions. 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...

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