Here is an article that I found from Dan Smith. It is about all the negative effects of minimum wage laws. It is really interesting to see how the laws hurt wages of young workers, that minimum wage laws generally hurt blacks, and increase job turnover. Those are just a few of the negatives that [...]
Posts Tagged ‘minimum wage’
Case against the Minimum Wage
Posted in Uncategorized, tagged laws, minimum wage, negative externalities, regulation on 19 October 2009 | Leave a Comment »
Ideology and the Minimum Wage
Posted in Uncategorized, tagged economics, liberty, minimum wage on 27 July 2009 | Leave a Comment »
Kurt Bouwhuis, Mackinac Center Intern
Bellow is a blog post from Cafe Hayek from June, 2006 that is relevant to both the Federal increase in the minimum wage and the proposed increase in the minimum wage in Michigan.
by: Don Boudreaux
In a private e-mail sparked by my most recent post on minimum-wage legislation, someone accused me of [...]
Thoughts on Michigan’s Unemployment Rate
Posted in Uncategorized, tagged economics, granholm, liberty, Michigan, minimum wage, policy, unemployment on 25 June 2008 | 4 Comments »
Much of Michigan’s political establishment believes (or pretends) that the state’s unemployment rate rose to more than 8 percent last month because of high gas prices and the entry of young workers into the labor market. That begs the question, though: How is it that in previous years Michigan unemployment rate wasn’t similarly affected by the entry of young workers [...]
Beat that dead horse
Posted in Uncategorized, tagged economy, job-creation, minimum wage on 24 June 2008 | 1 Comment »
-Hannah Mead, MCPP intern, 2008
I’m always baffled by Michigan’s economic improvement strategy: tax the successful businesses to subsidize unviable ones.
Commenting on new “job-creating measures,” Gov. Jennifer Granholm and Speaker of the House Andy Dillon remarked,
At a time when more job-seekers are entering the workforce, Michigan’s already battered economy is feeling the effects of a struggling [...]
