Taxes & Economy

Minimum Wage, Minimum Opportunity

• Elizabeth Stelle
• March 21, 2014

In 2007, the Philadelphia Youth Network needed to cut 1,100 jobs for inner-city teens. Why? Because they couldn’t afford to place as many teens in jobs under the higher minimum…

Media

Taxes & Economy

Minimum Wage Insanity

• January 27, 2011

Let’s start with sanity, some logic. Theorem: A firm cannot pay workers more than the value that they add to the firm and remain in business.Corollary 1: Imposing a…

Media

Taxes & Economy

Is Minimum Wage the Panacea or the Disease

• March 10, 2010

A new report by the Bureau of Business Research at Ball State University found that the recent minimum wage increases account for 550,000 fewer part-time jobs. According to the…

Media

Minimum Wage vs. EITC

• Nathan Benefield
• January 9, 2007

CBO analysis compares the effect of a minimum wage increase vs. an Earned Income Tax Credit Increase for the poor. They find that while most of the benefits of…

Media

Taxes & Economy

Mythology Of The Minimum Wage

• Nathan Benefield
• August 17, 2006

CBS News article on how raising the federal minimum wage increases poverty and unemployment…

Media

Taxes & Economy

Sowell on the Minimum Wage

• Nathan Benefield
• August 10, 2006

Thomas Sowell on minimum wage laws, from Real Clear Politics: “Minimum wage laws play Russian roulette with people who need jobs and the work experience that will enable them…

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Taxes & Economy

Dukakis on Minimum Wage and Immigration

• Nathan Benefield
• July 25, 2006

Editorial by Michael Dukakis in today’s New York Times. Dukakis claims that if we raise the minimum wage to $8 hour, businesses will stop hiring illegal immigrants. Essentially…

Media

Taxes & Economy

Minimum Rationality for Minimum Wage

• July 14, 2006

In an election year, legislators do irrational things, such as spend more money than the budget supports, fund pork projects for their districts, and raise the minimum wage.

Commentary

Taxes & Economy

Wage Wars

• June 29, 2006

I discussed the Minimum Wage rhetoric and reality on SmartMoney.com.

Media