In this video for Prager University, EconLog’s David Henderson does a splendid job explaining that minimum-wage legislation harms the very people its well-meaning proponents mean to help.
One person who does understand economics and who frequently writes approvingly of Roosevelt's approach to politics is Paul Krugman. In The New York Times last Friday he had this to say:
The great boxing champion Joe Louis once said about one of his opponents, who was known for his speed: "He can run but he can't hide." In the Congressional elections this year, many Democrats are running away from Barack Obama, but they can't hide their record of voting for Obama's agenda more than 90 percent of the time.
Suggesting that California stands beyond the pale is hardly groundbreaking journalism. In fact, there are entire websites devoted to the intersection of the Golden State and the bizarre (try "Weird California").
The relentless, breathless and often lurid coverage by the cable news networks of the handful of Ebola cases in the United States has led to near-hysteria in some quarters.
A new Hoover Institution Golden State poll offers some good news for Republicans in California who are trying to rehabilitate their image. Even so, the party has a long road back to political recovery in the state.
Radiology researchers have discovered that the brains of patients with chronic fatigue syndrome have diminished white matter and white matter abnormalities in the right hemisphere.
Proposition 45, a ballot measure that would regulate health insurance rates, is ahead, according to a new Internet poll by the Hoover Institution at Stanford University.
