Liberty in Two Keys

When we think of our freedoms and how they are basic to our society yet freedoms seem to be out of control in so many ways since the 1960s, we probably need to pull back and consider those freedoms from a new perspective. Continue Reading...

Inflation and the Minimum Wage

In yesterday’s edition of The Transom, which I highly recommend, Ben Domenech included a discussion that places the debates over raising the minimum wage within the broader context of the effects of inflation more generally. Continue Reading...

Why Has the Economic Recovery Bypassed Young People?

In his latest column, Tyler Cowen points out that whatever economic recovery we’ve experienced has “largely bypassed young people,” arguing that such a development is bound to have an impact for years to come: For Americans aged 16 to 24 who aren’t enrolled in school, the employment picture is grim. Continue Reading...

Buying Off The Unions To Back Obamacare

As noted here last week, Obamacare is seen by some as an elitist system of health care, rather than the equalizing force it purports to be. This week, the news is that the nation’s unions aren’t happy with how Obamacare is shaping up for them, and the Obama administration is scrambling to find new ways to entice them to publicly support the Affordable Health Care Act. Continue Reading...

Maximizing labor, minimizing wages

For this week’s Acton Commentary, ahead of Labor Day weekend, I write about “working harder and smarter,” lessons we can learn from Ashton Kutcher and Mike Rowe. One of the implications of connecting hard work with smart work is that the difficulty of work on its own does not determine its value in the marketplace. Continue Reading...

Obamacare: Elitist And Inefficient

NRO’s Mark Steyn minces no words when it comes to his distaste for Obamacare: “a hierarchy of privileges,” he calls it, along with “crappy” and “inefficient.” First, Steyn points out that it’s doubtful anyone has read the “comprehensive” health care act: it’s a thousand pages long. Continue Reading...

Obamacare: Driving Up Costs And Driving Down Those Insured

Delta Airlines has announced that it foresees a spike in health care costs for the company to the tune of $100 million a year. A Delta executive, Robert Kight, has said that fees associated with Obamacare will be costly, but won’t likely be more beneficial than what the company’s employees now have. Continue Reading...