The Minimum Wage Costs Jobs – Amazon’s Whole Foods Cuts Hours For Higher Wage

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A major contention abut the minimum wage is that it doesn't particularly do anyone any good. Sure, people gain more pay per hour worked....

Why Central Banks Won’t Be Issuing Bitcoin Style Cryptocurrencies Anytime Soon

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It's entirely true that the blockchain part of cryptocurrencies looks interesting. Might even have some useful real world applications other than reprising every monetary...

Preston’s Extremely Capitalist Experiment In Socialism

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It's a pity that the senior economic correspondent of The Guardian doesn't quite understand the socialism and capitalism he speaks of. Here he's praising...

Gilet Jaunes Are About French Social Mobility, Not Redistribution

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What is it that encourages the French to wear those yellow vests and curse President Macron in the streets? Other than being French of...

Cui Bono? The American Consumer, The Chinese Worker

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Just who is it that has benefited from the rise in trade between the US and chine? Obviously, the US consumer has done so....

High Tax Rates Do Matter – They Deter Entrepreneurs

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Heterogeneous - such an unlovely word. It just means that the effects depend. And what makes us richer as a society is the activity...

Having Cake And Eating It: Creative Destruction

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Good old Alexandria Ocasio-Cortez – she's doing for America what Jeremy Corbyn has done for Britain. Much to the dismay of the secret socialists...

Make It Easier For Foreign Companies To Come And More Foreign Companies Will Come

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Just another repeat of that economic classic - incentives matter. If it's easier for foreigners to offshore production into an economy then more foreigners...

20th Century Wealth Redistribution Went To The Upper Middle Classes, Not The Entire Society

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Sure, Thomas Piketty tells us that there was distinct wealth redistribution in the 20th century. Something that is being reversed in this 21 st...

It’s The Green Belt That Causes London’s Inequality

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It's true, this is not exactly and precisely the finding of this paper. But it's one that is consistent at least. Policy meant to...