This week we had some interesting economic developments in both monetary policy and regulatory policy. Here is a look at the top stories you should pay attention to: 1) House Democrats vote to raise minimum wage to $15 per hour. Yesterday House
On Tuesday night, District of Columbia voters approved Initiative 77, a referendum to raise the minimum wage for waiters and other tipped workers from $3.33 an hour plus tips, to $12.50 an hour plus tips. Most places in the U.S. have a different
Recently, I had the pleasure of visiting Europe for the first time. It was a fantastic trip, and there were many things I loved about the continent, including its architecture, churches, mountains, food, and wine. My Instagram was totally lit. But amidst
A paper released yesterday by a group of researchers at the University of Washington reveals that, as conservatives and economists have predicted, drastic minimum wage hikes may indeed harm the very people that they were put in place to help. The study,
Breaking from libertarian orthodoxy, Sen. Rick Santorum endorsed a modest raise to $8.75 in the minimum wage over three years to show voters Republicans care about stagnant wages. “I’m not for what Barack Obama wants to do,” he told the Missouri Republican
