If government inherently makes problems worse but is needed to address poverty, then government intervention is necessary in either case. If it's necessary regardless, why wouldn’t we use the government to make rules supporting the individual rather than funneling money through the bureaucracy?
Supporting low wages inherently means relying on social programs.
Three main inflation drivers. Higher wages don’t drive demand-pull inflation. Wages above poverty levels are irrelevant to cost-push inflation. Higher wages don’t drive monetary inflation. It seems that businesses paying higher wages don’t impact inflation after all.
This week, we explore a pivotal economic question inspired by Milton Friedman. Do higher wages cause inflation, or are they a tool for economic stability? It's
Supporting low wages inherently means supporting social programs. So, should we raise wages for the lowest earners or allow the bureaucracy to manage the funds? If we choose to raise wages, will this lead to increased inflation? Audio and visual version here:
This week, we explore a pivotal economic question inspired by Milton Friedman.
That September morning, we set aside our differences to share a second communion over a beer. No priest stayed to say a prayer. Instead, we told stories about the fallen with his parents at a gravesite in America’s heartland.
Can beer and the NFL unite America? What a ridiculous question. Team Colors and Community Ties Recently, I was in my local grocery store early on a Saturday mo
Should a CEO take a big bonus even if they don’t intend to pay one to their employees?
This week, we consider a question. Should a CEO take a big bonus even if they don’t intend to pay one to their employees? We’ll explore perspectives from two s
This week, we consider a question. Should a CEO take a big bonus even if they don’t intend to pay one to their employees? We’ll explore perspectives from two seemingly opposed philosophers to guide our thoughts.
This week, we consider a question. Should a CEO take a big bonus even if they don’t intend to pay one to their employees? We’ll explore perspectives from two s
How can we, as a society, achieve the goal of businesses paying their workers a livable wage?
There’s another side to the wages debate we didn’t examine last week. We outlined we can’t support policies that allow some businesses to pay unsustainable wage
If businesses don't increase revenue, they can't raise wages. Federal mandates threaten business viability, so we get political gridlock. It’s easiest to hide the real cost of sustainable wages in the federal deficit. That’s why half of American families with children get social program benefits.
There’s another side to the wages debate we didn’t examine last week. We outlined we can’t support policies that allow some businesses to pay unsustainable wage
Last week, we outlined that we can’t support policies that allow businesses to pay unsustainable wages while opposing social programs designed to mitigate the consequences of low incomes. But it’s a complex dilemma. If businesses don't increase revenue, they can't raise wages.
There’s another side to the wages debate we didn’t examine last week.
The one hundred million Americans who receive benefits from social programs need help, but most of them don’t need social programs. They need to earn a decent wage from their jobs, regardless of their skill level or education.
Last week, we discussed the inherent limitations of social welfare programs and their effects on American families.