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Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.
Those who argue for reform that's about overall excellence and improving the opportunities for all students have been tarred in recent years as anti-reform or racist. But laudable efforts to help our least fortunate students need not come at the expense of the rest. We can do much better by all our children--and the first step is escaping the pinched confines of the achievement-gap mentality.
The Cold War is an increasingly distant memory in American military minds, except in the minds of the arms control community, and in particular those who seek the elimination of nuclear weapons. Alas, our president is a member in good standing of this community—indeed, an organizer.So, too, it...
Some consumers and businesses might see a little extra cash this summer as a result of the 2010 health care law. The Kaiser Family Foundation recently reported an estimated $1.3 billion in rebates will be delivered from health insurers who spent more than the law allotted on administrative expenses and profits.
Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.
U.S. forces must drive out the Haqqani Network-- al Qaeda's allies-- and set conditions in which Afghan troops can hold.
On May 6, all eyes will be focused on the second round of the French presidential election, which Socialist challenger Francois Hollande is likely to win. Equally important for Europe’s future is the Greek parliamentary election scheduled for the very same day.
Is raising the minimum wage a bad idea?






