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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.
The result of the NFL's collective-bargaining agreement will affect the economic strategy of getting value from draft picks, making a more straight forward process and bland equality among teams.
The Paycheck Fairness Act looks like common sense, but instead of helping women it will hurt all workers. The legislation, built on 30 years of spurious advocacy research, will impose unnecessary and onerous requirements on employers.
In the second edition of "Women's Figures," author Diana Furchtgott-Roth shatters the myth of the wage gap, alleging that women are continuing to gain ground relative to men. Preferential policies towards women are undermining America's notion of meritocracy and are actually calling into question the value of women's earned achievements.
President Barack Obama has been on a tour of college campuses touting proposals to lower student loan repayments for college graduates. He hopes to rekindle the enthusiasm of young voters, who in 2008 favored him over Sen. John McCain by more than two-to-one.
Ironically, these same young Americans...
The increase in the minimum wage has actually hurt those who it was intended to benefit.
Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.
Are global corporations cleaning up their supply chains? The debate over the abysmally low wages paid to workers in emerging economies illustrates the difficulty. There are two conflicting narratives, both tied to China.







