Topic: Unemployment

Art and Culture, Economic History, Taxation, Unemployment

Big-Government Welfare Crowds Out Beneficial Social Behavior

– April 11, 2024

“Means tested welfare necessarily crowds out the poor from productive employment by substituting government grants for family earning and community support.” ~Donald J. Devine

Fiscal Policy, Unemployment

Assessing Bidenomics: The Fatal Conceit of National Commercial Policy

– April 2, 2024

“Roughly 50 cents out of every dollar of economic activity in the US is controlled by a government, rather than an entrepreneur, consumer, or investor. That is bad news for efficiency and growth. It’s also bad news for liberty.” ~Nikolai G. Wenzel

Fiscal Policy, International, Unemployment

Did Government Red Ink Make the US More Dynamic than Europe?

– April 1, 2024

“The new ‘reshuffling’ thesis of American recovery doesn’t make much sense on the evidence. It serves a convenient political purpose, helping to justify massive federal stimulus.” ~Jason Sorens

Economic Theory, Policy, Unemployment

Correlation Is Not Enough

– March 22, 2024

“The ‘look here, too’ method provides a valuable check on statistical interpretations adopted because they advance someone’s agenda, rather than accuracy.” ~Gary Galles

Economic Growth, Taxation, Unemployment

Can Prosperity Feed Perceptions of Poverty?

– March 20, 2024

“The only sense in which the American middle-class is disappearing economically is that an ever-increasing percentage of American households earn annual incomes that are in the upper brackets.” ~Donald J. Boudreaux

Economic Growth, Free Trade, Taxation, Unemployment

Industrial Policy Indignities

– February 20, 2024

“Some low-value-added manufacturing, once economically sensible to do stateside, should now take place elsewhere. The alternative is tying up American workers in less-than-productive jobs.” ~David B. McGarry

Media, Regulation, Unemployment

Chris Rock Portrays the Tragicomedy of the Minimum Wage

– January 15, 2024

“Much has improved in race relations since Martin Luther King. But the same cannot be said of the laws governing labor markets.” ~Scott Drylie

Economic Growth, Policy, Unemployment

22 States Raised the Minimum Wage: What Does This Mean for Low-Skilled Workers?

– January 9, 2024

“Governments inadvertently eliminate many of these essential entry-level jobs by advocating for higher minimum wages. This lost first rung has profound consequences, especially for vulnerable groups.” ~Vance Ginn

Art and Culture, Technology, Unemployment

ChatGPT is a Calculator; Deal with It

– January 1, 2024

“For many routine tasks—and, honestly, most writing is routine, not creative—it is faster and actually better to have the AI create the text, at least for the first draft.” ~Michael Munger

Education, Fiscal Policy, Unemployment

Still Failing to Learn the Lessons of Antipoverty Programs

– December 30, 2023

“Our failure to recognize just how seriously the adverse effects of our efforts to ‘help’ people hurt them has come back to haunt America with a vengeance.” ~Gary M. Galles

Economic Trends, Technology, Unemployment

Robots Free Humans from Repetitive Tasks

– December 16, 2023

“Robots handle repetitive tasks or heavy lifting that cause substantial wear on the human body, reducing the risk of injury to employees. Robotics with AI would complement, rather than substitute, human labor.” ~Janna Lu

Economic History, Free Trade, Unemployment

The Jobs You Don’t Want to Be Destroyed By Trade Were Created By Trade

– November 13, 2023

“By keeping prices down, and outputs and product varieties up, trade makes every dollar earned go further.” ~Donald J. Boudreaux