Sanders Feels the Bern on Hourly Wage Demands
RYAN BOURNE, CATO INSTITUTE
You really couldn’t script it.
Faced with campaign staff complaining their hourly wages are too low, 2020 presidential candidate Senator Bernie Sanders (D-VT), he...
It’s the Demographics Stupid: The Employment Rate is Better Than Its Pre-Crisis Peak
RYAN BOURNE, CATO INSTITUTE
Today’s jobs numbers surprised on the upside. The unemployment rate fell to 3.6 percent and 263,000 jobs were created in April, exceeding...
Are Child-Care Subsidies Actually “Good For The Economy”?
RYAN BOURNE, CATO INSTITUTE
Commentators are already implying Democrat Elizabeth Warren’s new universal child-care plan will be “good for the economy.”
Moody’s Analytics reckons subsidies will induce...
Oregon’s Rent Control Bill Would Ultimately Please Nobody
RYAN BOURNE, CATO INSTITUTE
The Oregon Senate has passed a rent control bill that would limit annual rent increases to 7 percent above the annual change in...
The State of the New German Minimum Wage
RYAN BOURNE, CATO INSTITUTE
Germany introduced a new economy-wide minimum wage for the first time in 2015, at a relatively high rate of €8.50 ($9.67...
Punitive Marginal Tax Rates and A Partial Appeal to The Economics Literature
RYAN BOURNE, CATO INSTITUTE
Alexandria Ocasio-Cortez hit headlines last week for advocating marginal income tax rates “as high as 60% or 70%” on those earning...
The War On The Poor Has Many Fronts And Armies, Professor Krugman
RYAN BOURNE, CATO INSTITUTE
Paul Krugman’s column yesterday lamented Republican policy towards the poor. He has particular gripes with Ben Carson’s changes to housing subsidies, increased...
Shake Shack Planning for Higher Minimum Wages
RYAN BOURNE, CATO INSTITUTE
CNBC reports that the burger chain Shake Shack is planning to trial a new restaurant in New York which will not have a...