Acton Institute Powerblog Archives

Post Tagged 'prices'

Minimum wage, minimum liberty

Taking their cue from Seattle, cities and states are implementing minimum wage increases all over the country. Late last year, voters in Washington approved an increase in the statewide minimum wage that will raise it to $13.50 per hour by 2020. Continue Reading...

5 victims of the $15 minimum wage

As protests for a $15-per-hour minimum wage continue to rage across the country, cities like Seattle and states like California and New York have already begun to adopt such schemes. But alas, prices are not play things, and such measures are bound to reap a range of deleterious effects, from raised consumer prices to increased unemployment to reduced working hours to outright business closures. Continue Reading...

The Seen and Unseen Effects of the Minimum Wage

Given the recent and wide-ranging discussion here on the PowerBlog surrounding the the minimum wage (Hunter Baker, Joe Carter, Jordan Ballor, Elise Hilton, yours truly), this short little video offers a nice overview of the seen and unseen effects of such an instrument. Continue Reading...

2006 in Review, 2nd Quarter

Our series on the year in review continues with the second quarter: April “Surprise! Evangelical Politics Isn’t Univocal,” Jordan J. Ballor So from issues like immigration to global warming, the press is eager to find the fault lines of evangelical politics. Continue Reading...

High Gas Prices are Good

You may have seen an op-ed in the NYT last week by Tom Friedman, who noted that when oil and gas prices go up, bad things happen in oil producing nations abroad. Continue Reading...

Spelling Relief II

Jordan pretty well covered the territory in his earlier post on gas prices. But with the silliness from both Republicans and Democrats ongoing, it can’t hurt to suggest two additional sensible treatments of the subject: Thomas Nugent on National Review Online, and Jerry Taylor of the Cato Institute on FoxNews. Continue Reading...

How Do You Spell Relief?

You may have heard about the debate in Washington that erupted late last week, as Senate Democrats and Republicans sought ways to respond to rising gas prices. According to Marketplace’s Hillary Wikai, the majority Republicans settled on “a $100 gas-tax rebate to be paid for by drilling in Alaska’s Wildlife Refuge.” Michigan Democrat Debbie Stabenow proposed “a $500 rebate but pay for it by cutting the tax breaks for oil companies.” She said, “We should instead put that money back in the pockets of the people paying the high gas prices.” But one other Democratic plan was to stop taking that money from the people in the first place, at least temporarily. Continue Reading...