The situation for unions is dire in 2018. The National Labor Relations Board, fragile even under Obama, is so unfriendly now that unions are pulling cases from it. The Supreme Court’s decision in Janus is due soon, and state governments are pushing private sector right-to-work bills. Americans are going to have to be convinced to […]
While the economic effects of minimum wage laws are very complex and a subject of scrutiny within the economics community, there are much better ways to deal with systematic challenges in the labor market. Getting more people to work, reducing the barriers for businesses to hire and encouraging the accumulation of new skills are all strategies for promoting sustainable long-term growth in wages.