Profile image
By Cafe Hayek (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Some Links

Saturday, October 29, 2016 4:54
% of readers think this story is Fact. Add your two cents.

(Don Boudreaux)


Jeff Jacoby is correct: life for many low-skilled workers is hard, and that life is made even harder by minimum-wage diktats.  (I’m often asked: “How is someone supposed to live on [say] $5.00 per hour?”  My response is: “Yes, that’s difficult to do if you’re the head of a household.  Yet it’s far more difficult to live on $0.00 per hour, which is the alternative created for many low-skilled workers by minimum wages.”)

Arnold Kling, like Joel Mokyr and Deirdre McCloskey (and also me), believes that impressive economic growth and solid, sustainable economic performance are not engineering feats caused by happy material circumstances.  Instead, they are ultimately caused by pro-growth ideas….

…. and ideas are the result of what Julian Simon called “the ultimate resource,” the human mind.  Human minds not only give rise to the institutional settings in which human beings interact, they also create resources, such as the fossil fuels that helped to power the industrial revolution, which Marian Tupy rightly celebrates.

George Leef explains the baneful legacy of the Obama administration.

Jared Meyer rightly laments the regressiveness of “Progressive” policies.

David Boaz reminds us of the long-standing link between war and domestic politics.

My colleague Pete Boettke remembers my late, former colleague Bob Tollison.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.