GrokInFullness

The Illinois Economic Policy Institute put out this report titled Raising the Minimum Wage .   I mentioned this in a previous post but I t...

Local governments often dig themselves into a deep hole. Tax rates need to be high enough to cover overall spending, some of which is imposs...

The question was so deep that almost no one had thought to ask it before: Does a climate exist? That is, does the earth’s weather have a l...

I was annoyed by the media's pouncing on Besty DeVos for proposing a budget that cut federal funding to the Special Olympics. My first t...

On some level, drug prohibition is just deeply wrong. Policy analysis is important. We shouldn't be too flippant about over-ruling a cos...

In empirical work on the minimum wage, the elasticity of demand for low-wage workers is usually small. It is typically somewhere in the -0.1...

Suppose you own a factory staffed with assembly line workers or a warehouse staffed with runners who stock and retrieve items. How cool shou...