Seattle's $15 Minimum Wage Experiment Fails

We now get from Seattle what we all expected - proof that $15 per hour doesn't work.

UPDATE - Washington DC is now seeing this as well.

The Myth Of Predatory Pricing

It's a durable myth in economics - predatory pricing. The problem - like with all myths - is there is no evidence it exists.

Dear New York Times, McDonald’s Is Not Shake Shack

This 2014 piece debunks the one-size-fits-all mythology behind minimum wage ignorance.

More Minimum Wage Mythology

Four pieces look at the mythology of minimum wage, its history, how nations without it benefit compared to those with it, and what international data shows.

The Next Big Thing: 'Gig Economy' Workers' Rights

The Next Big Thing: 'Gig Economy' Workers' Rights

Social Security Reform

A look at what is needed.

High Frequency Trading Needs Information, Not Regulation

Government has never accomplished anything by regulating into the economy, so stop regulating and let information flow freely.

Labor Costs and The Minumum Wage Ripoff

Labor costs matter. It is shown again in companies as they decide where to go - and where not to go - due to the ripoff that is minimum wage.

Obamacare's Theft Of Three Billion Dollars

The GAO finds some $3.2 billion in Obamacare grants were in effect stolen by Democratic officials in various states, notably Oregon and California.

Is Minumum Wage A Ladder or Stepstool?

New data indicates it's a ladder up which workers advance. The bad news is - as price fixing always does - minimum wage has created a shortage of jobs.

The Fraud Of Minimum Wage

Obama again pushed to increase minimum wage - this despite minimum wage being a long-proven economic scam.