Acton Institute Powerblog Archives

Post Tagged 'Labor economics'

A Letter on Work and Worth

The following is a letter written in response to a post from my friend Brad Littlejohn on the topic of the minimum wage.  Dear Brad, Thank you for your thoughtful and substantive engagement on the question of the minimum wage. 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...

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...