Obamacare’s opponents are cheering the Little Sisters of the Poor’s apparent Supreme Court victory over Obamacare’s mandate to cover artificial contraception, about which I wrote when the controversy first erupted. The Little Sisters defied the mandate, which is contrary to their Catholic faith. The mandate is relevant not to the nuns’ themselves (obviously), but...
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While Americans are reckoning the financial impact of President Obama’s healthcare reform initiative on the economy as a whole and on them personally, some of its obvious consequences for labor markets thus far seem to have escaped notice. In a freely functioning marketplace, the compensation of employees consists of a mix of wages or...
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