Perhaps even if you still don’t agree with our arguments about minimum wages and pay equalisation, maybe you can agree that artificial interference in the market by governments only tends to create another problem while claiming to solve one problem.
We’ll bang on about it for one last time today. If you’ve had enough already [...]
pay equalisation
This week we’ve made a conscious decision not to write about p——y or h—–g. Even though we’ve come across a few gems worth commenting on. And even though several readers have sent us a couple of choice morsels too.
But, we’ll stick to our guns and leave any p——y or h—–g comments until next [...]
A quick follow on from yesterday’s Money Morning. We like this quote we’ve found from Professor Walter Block:
“Consider a man and a woman each with a productivity of $10 per hour, and suppose, because of discrimination or whatever, that the man is paid $10 per hour and the woman is paid $8 per hour. [...]
Surprisingly, we’ve received quite a bit of feedback as a result of last Friday’s Money Morning on ‘How Patent Protection Stifles Innovation.’
The general gist of most responses – to paraphrase – has been, “patent protection is important to protect small businesses and inventors from greedy thieving big businesses.”
We’re paraphrasing, so no-one actually wrote that. [...]
