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,…