Democrats, the Law of Demand, and the ‘Fight for 15’
James Sherk, National Review
Economists call this the Law of Demand. People buy more goods or services at lower prices than high ones. Almost everyone experiences this law daily. In most circumstances, no one disputes this. But not when it comes to the minimum wage.
An Overlooked Tool for Making Decisions in Our Fallen World
Anne Bradley, Institute for Faith, Work, and Economics
As I follow the news lately, I’m constantly reminded that things in this world are not as they should be. That’s why I’m grateful economics is a tool we can use to navigate our fallen world.
Rick Perry: Liberty Is Key to Restoring African American Communities
Evan Smith, Opportunity Lives
The reason we’ve had the political year we’ve had is because fewer American remember how well liberty can serve them and their families.
Global Food Security Act Leaves African Farmers in the Dirt
Stacy Ndlovu, FEE
The American Congress recently passed the bipartisan Global Food Security Act, a $7 billion dollar project aimed at bolstering efforts to end hunger, malnutrition and poverty across the globe. Sounds noble, but this Act will most certainly not improve global food security, especially in Africa, because it fails to address a fundamental cause of food insecurity in the developing world: US agricultural subsidies.