More Flimsy Reasons For a $15 Minimum Wage

This post was written by Jacob Kohlhepp, a research associate at the National Center for Policy Analysis. A few weeks ago, Paul Krugman gave a gushing review of Hillary Clinton’s vague economic plans in his biweekly New York Times column.  Krugman does not even mention what specifically is good about the Hillary Plan. Yet he […]

Can We Stop Pretending That the Trustees Reports Are Good News?

In previous years, the 2015 Social Security and Medicare Trustees Reports were usually released in the spring, albeit on a Friday or perhaps around a holiday when little attention would be paid.  This year, the reports were released yesterday, months later than usual, with little fanfare, except for a few media outlets praising the findings.   The Huffington Post […]

The Minimum Wage Fairy Can’t Fix Everything

If a politician wants to ban something, chances are they will give themselves an exemption. Over the past year, the rallying cry for many politicians has been income inequality. One of the solutions often offered is a substantial increase in the minimum wage. Ironically, though, a recent study found that 94 percent of the 205 […]

The Greek Debt Crisis: Is There a Lesson To Be Learned?

The Greek debt crisis continues to linger on, as a recalcitrant Greek people unwilling to make the belt-tightening sacrifices asked of them, confront a resolute creditor, the European Central Bank, who seems to feel quite strongly that repaying one’s debts isn’t just some quaint notion from another era. Greece’ debt burden has grown to an […]

Net Neutrality Not the Savior One Might Think (Part II)

Last week, I explained what the FCC’s new “net neutrality” rules are intended to do, but here is the reality: A government decree will never resolve disputes in a way that enhances innovation and lowers costs for consumers.  Compliance with the net neutrality rules creates another barrier to entry for potential competitors to incumbent ISPs. […]

The “Living Wage” Argument is Back…As a Presidential Campaign Issue

Last week Salon’s Joan Walsh ran an editorial titled “Scott Walker’s Sleazy New Low.”  What did presidential candidate and Wisconsin Gov. Scott Walker do to earn such scorn? He signed into law the 2015-2017 budget for the state of Wisconsin, which included a rewording of Wisconsin State Legislature Chapter 104. Previously chapter 104 § 02 stated, “every […]

Net Neutrality Not the Savior One Might Think (Part I)

The Internet was jubilant when the Federal Communications Commission (FCC) officially issued its net neutrality rules in February. And then, nothing happened. Since net neutrality rules officially came into effect on June 12 Internet providers have not raced to speed up Internet speeds, and a single complaint has been filed with the Federal Communications Commission […]

Nix the Netflix Tax!

Netflix just got a little more expensive in Chicago.  Starting in September, the city is expanding the interpretation of amusement and property taxes to audit “cloud companies” like Netflix and Amazon by levying a 9 percent tax every time consumers use “software as a service” streaming media services.  This new “cloud tax” comes at a time when […]

Greece-ing the Skids: Is the Puerto Rico Debt Crisis as Bad as the Greek Crisis?

On Tuesday, Greece defaulted on a $1.8 billion payment due to the International Monetary Fund (IMF). even after months of partial bailouts and negotiations.  According to The Hill, Greece’s debt has reached $350 billion or 180 percent of its gross domestic product (GDP).  Closer to home, Puerto Rico recently announced that it cannot pay its […]

In Defense of Airlines

This probably is not the most interesting and relative blog of the day since the Supreme Court announced its King v. Burwell decision.  But for those who have thrown up their arms in despair over the SC’s obsession with protecting Obamacare, it’s time to move on to other, more mundane topics. In little known news, TIME […]