Tag: Labor

It’s Called Recovery, but Where’s the Beef? »

Many economists and other analysts have recognized that the recovery from the U.S. economy’s most recent contraction has been unusually weak—weaker, for example, than any other since World War II. But analysts have disagreed in characterizing the current recovery, which according to the National Bureau of Economic Research, the semi-official arbiter of business-cycle chronology,...
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Sorry, Your Minimum Wage Law Is a Nightmare »

The minimum wage is an economic nightmare. Let’s say it one more time, with feeling. The minimum wage is an economic nightmare. In the recent elections, voters throughout the U.S. took to the polls to elect their political leaders. Winners and losers were decided, the Republicans took control of the Senate, and pundits eagerly...
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Death Valley? Peter Thiel and Steve Jobs on What Could Kill Silicon Valley »

On January 27, legendary entrepreneur Peter Thiel told a packed house at an Independent Institute luncheon, at the Olympic Club in San Francisco, that to blaze new trails ask: “What important truth do very few people agree with me on?” One of mine is that California will not be the epicenter of the tech...
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Stores to Open on Thanksgiving—Don’t Complain. »

Over the past several weeks, the standard litany of holiday media stories has begun. While there is always some fun in guessing which reporter will get stuck with the “don’t set your house on fire with the deep fryer” segment, other stories are far more troubling. Around Thanksgiving and the start of the Christmas...
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Students Won’t Be Collateral Damage in California Big Spenders’ Showdown »

There’s a showdown brewing in California’s not-so-OK Corral—make that the UC Corral—and students are fed up with being the ones caught in the crossfire. It started back in 2012 when Gov. Jerry Brown threatened to slash state funding for California’s ten University of California campuses unless his Proposition 30  (also known as the “Millionaire’s Tax”)...
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Hillary’s Right About Jobs »

Hillary Clinton’s recent exhortation “Don’t let anybody tell you that it’s corporations and businesses that create jobs,” has been drawing a lot of flack from conservatives, but it’s pretty much true these days. Back in the olden days, of course, businesses did create jobs. But now, not so much. Here are the number of...
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Amazon’s “Dark Side” Is a Bright Spot for Workers and Consumers »

Jim Hightower is an old-fashioned Texas progressive, who, if memory serves, once ran unsuccessfully for the governorship of that state. He may be a great polemicist—see “The Dark Side of Amazon”—but he does not know the first thing about how markets work and how Amazon.com, like Wal-Mart, is a benefactor of consumers nationwide and...
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Coming Soon to California: Teachers’ Right to Work? »

Big changes could be in the works for the California Teachers Association (CTA), the state affiliate of the country’s largest teachers union, the National Education Association (NEA). The CTA claims it has 325,000 members. How many of them are voluntary dues-paying members is anybody’s guess. In the past the CTA has demolished “paycheck protection”...
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Long-Term Unemployment Benefits Expire; Long-Term Unemployment Falls »

The unemployment rate has fallen from 6.7% at the end of 2013 to 6.1% in August 2014. That decline is primarily the result of the expiration of long-term unemployment benefits. Unemployment compensation usually expires at the end of 26 weeks of unemployment, but during the last recession Congress extended that period, and many states...
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Chicago Teachers Union Boss and Classic Champagne Socialism »

It’s a busy time of year for Chicago Teachers Union President, Karen Lewis. Two years ago just in time for Labor Day, she was helping organize the city’s first teachers’ strike in more than 25 years—a move that was highlighted at the Midwest Marxist Conference. Last year she was busy blaming the Chicago Public...
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