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Employment

Ohio Legislature Leads Charge in Battle Against Overcriminalization

In recent  years, states across the nation have seen an upsurge in the size and scope of their criminal codes, paired with an ever-growing labyrinth of rules and regulations that increasingly criminilize ordinary conduct. On Wednesday, Ohio lawmakers battled back against this alarming trend—dubbed “overcriminalization”—by unanimously passing an original piece of legislation to protect its innocent residents and small businesses from unknowing and accidental violations of criminal offenses.

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Federal Agency: Union Conducted Unfair Labor Practices Against Its Own Members

An independent federal agency has found that the National Treasury Employees Union conducted “unfair labor practices” against its own union members. The unfair treatment at NTEU is a symptom of the larger problem of union leaders working for their own benefits, rather than their members’. As union membership continues to decline, desperate union leaders will have to reevaluate the way they treat their members if they wish to stay relevant. 

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Has Inequality Driven A Wedge Between Productivity And Compensation Growth?

A couple of posts ago, I showed that when analyzed properly, hourly pay has risen just as much as productivity since 1947. The keys to getting the analysis right are to

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6 ways the government criminalizes economic activity

Although many politicians say they support economic growth, the federal government goes out of its way to criminalize broad ranges of economic activity. Here are six examples, and there are many others.

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New Opportunities from Free Trade

The United States is negotiating two trade agreements that have the potential to expand U.S. exports to a billion global consumers. The U.S.-EU Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP) would liberalize trade between the United States and 39 countries across five continents, which collectively account for almost two-thirds of global economic output.  

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Union Interests Work Against Low-Wage Workers

Unlike the happy message of the SEIU, a newly published National Bureau of Economic Research paper shows that increasing the minimum wage reduces both the likelihood of employment and average income. The research should be a warning to low-wage workers: Unions who purport to represent your interests are often just representing their own.

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Who Is Terrance Wise, the Strong Voice In the Fight for 15?

On Thursday many Americans saw photos of fast food worker demonstrations on national news. Some thought that the workers themselves were going on strike.  Although some went out on strike, these demonstrations were not a spontaneous display of employee dissatisfaction with wages. 

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Poor Black Friday Sales Aren’t What’s Holding Back the Economy

The reason retailers and economists obsess over America's favorite pastime is that consumer spending accounts for about two-thirds of gross domestic product. As the consumer goes, so goes the nation. Or does it? Someone once said that the wealth of nations comes not from what we spend but from what we sow. Like the farmer, a nation has to plant seeds in the spring to reap a good harvest in the fall.

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Expand Opportunity to Boost Growth

Over human history, nothing has expanded opportunity more successfully than economic growth. Indeed, growth is nothing if not a machine to fulfill ever more of the wants and needs of ever more people. But economic growth alone has been insufficient for ensuring equal opportunity to benefit from growth or contribute to it.

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Giving Thanks for Property Rights

Most Americans think of Thanksgiving as a day off from school or work, a time to gather with friends and family and celebrate with a huge feast. If children know anything about the origins of this national holiday, declared each year by presidential proclamation, it's that the Pilgrims, grateful for a bountiful harvest in their new land, set aside this day to give thanks.

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