Tag Archives | Rothbard

Romney is Wrong on Minimum Wage

By on January 16, 2012 in All Posts, Economic Theory

When asked about the minimum wage over the weekend, leading GOP presidential candidate Mitt Romney gave the following response:
“My view has been to allow the minimum wage to rise with the CPI [Consumer Price Index] or with another index so that it adjusts automatically over time. I already indicated that when I was governor…

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The Only Supporters of a Free Market are Children!

By on January 12, 2012 in All Posts, Economics in Media

Those of us who are mature, sophisticated, and all grown up know that without government regulation we would all live in slums and be poisoned by the food we eat. Or so Huffington Post writer Carl Gibson would like you to think in his hit piece on Ron Paul’s free market ideas. In this article,…

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Is there such thing as ‘certainty-inducing regulation’?

By on January 12, 2012 in All Posts, Economic Theory

It’s that time of year! Earlier today, the Heritage Foundation released it’s highly-anticipated 2012 Index of Economic Freedom. As expected, the United States fell even lower on the index, landing between Ireland and Denmark at tenth place.
Now I have no quibbles with the way the index is compiled. Indeed, I highly recommend it to…

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Think Progress? Think Again.

By on December 23, 2011 in All Posts, Economics in Media

The fallacy of the minimum wage has reared it’s ugly head yet again!
Progressive political blog Think Progress announced on Wednesday that San Francisco will be the first US city to have a minimum wage above $10. Citing the Economic Policy Institute, they wrote:

There are eight states that have legislated annual, inflation-linked increases in…

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