Everybody knows that the minimum wage is a good policy, right? Problem is, they’re all wrong. Economists proved long ago that price controls can’t workâthey only create shortages and surpluses. The minimum wage is a price floor: if it is set above the market wage it will create a surplus, leaving some workers unable to [...]
This article is a sequel to my previous post “Root Causes and the Libertarian Immigration Debate”. Continuing the discussion on what strategy libertarians should follow with regards to immigration, I will argue that even if we accept the Hoppean argument for closed borders, the conclusion still violates libertarian principles. Toward a Theory of Strategy for [...]
There are a thousand hacking at the branches of evil to one who is striking at the root. – Henry David Thoreau The libertarian immigration debate is alive and well.1 Although there is no debate over the immigration policy of a free society, there is considerable controversy over the proper immigration policy in our currently [...]