Talk of hiking the minimum wage at the national level has ramped up in recent weeks. With the Democrats controlling the House and the Senate, and Joe Biden in the White House, it seems increasingly likely that we’ll soon see a federal $15 per hour minimum. In other words, it may soon be illegal to..
Read moreThoughts from Maharrey Head #74: Economic Ignorance Minimum Wage Edition
"10 Minutes Closer to Freedom" In this episode of Thoughts from Maharrey Head, I talk about people holding a loud and vociferous opinion on economic subjects while remaining completely ignorant of the subject in the context of the minimum wage. Murray Rothbard once said, “It is no crime to be ignorant of economics, which is,..
Read moreThoughts from Maharrey Head #63: Basic Economics – Why Centralization Never Works
"10 Minutes Closer to Freedom" Ignorance of economics leads millions of Americans to embrace bad political policy. In this episode of Thoughts from Maharrey Head, I outline a few crucial basic economic principles you need to grasp so you don't fall into politicians' traps. Minimum wage laws, anti-price gouging laws, regulations and "free" healthcare -..
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