Please see the Foundation for Economic Education (FEE) web site—The Truth About the Minimum Wage. It contains a link to this video:
Please see the Foundation for Economic Education (FEE) web site—The Truth About the Minimum Wage. It contains a link to this video:
Why do unions promote increases in minimum wages? There are numerous articles explaining the reasons; such as the Wall Street Journal, the Mises Institute, and the Heritage Foundation. Also, several of our earlier posts have additional information. However, it’s fair…
Why are we called Market Wage Action Alliance? Our primary focus is the market should dictate wages, not artificial government diktats. Only competitive forces in a free-market can accurately reflect the value of a given skill. Hence, all minimum wage…
The evidence is growing, there was no real strike on August 29th, only a flailing protest by unions trying to become relevant again. How to Fake a Fast Food Strike Fast Food Strike a FAKE!!! 16 out of 17 protestors…
The fact that minimum wage laws create unemployment has been well-known to economists for decades, but it is akin to political suicide for politicians to publicize that fact, because they risk disfavor by the unions. In fact, for more than…
Our first HELP event was held August 29th through Labor Day. It was scheduled to reduce the impact of the Fast Food Strike promoted by organized labor on August 29th. We know that tens of thousands of emails were forwarded…
The proponents of minimum wages, and the living wage movement itself, are demanding that entry-level employees be paid more. The current protest is for $15 per hour. While it might be convenient if everyone could be paid more than their…
August 28th, 2013 is the fiftieth anniversary of the famous March on Washington for Jobs and Freedom. However, looking back, we should also recognize another momentous anniversary—the seventy-fifth anniversary of the passage of the 1938 Fair Labor Standards Act, because…
People can gain credibility for job advancement in two basic ways—experience or education. And experience is generally superior to education, because it demonstrates skills that apply directly to the job. That’s why for some people it’s a good strategy to…
In his classic discussion of minimum wage laws Milton Friedman described an unholy coalition between well-meaning sponsors, and special interests. The special interests use the well-meaning sponsors as front-men to promote minimum wage laws to the public at large. However,…