Mark Perry reports new research by Jeffrey Clemens, Lisa B. Kahn, and Jonathan Meer showing that minimum-wage legislation harms many low-skilled workers. Who’d a-thunk it?!
Pierre Lemieux is rightly dismayed by the arbitrariness and dangers of antitrust regulations. A slice:
There is something ironic in the idea that the most monopolistic organization of all, the state, should be trusted to maintain competition.
Vincent Geloso helps to keep the record straight about the New Deal.
I heard Borlaug give a speech late in his career where he addressed criticism of his work. His position was simple—he had met many, many well-meaning (and well-fed) critics over the years, but had never met any willing to starve to death for their beliefs.
Here’s John Cochrane on Paul Romer on what-if-virus-tests-were-like-sodas.
Coronavirus is the health of the state.
