By Steve Birr Officials in Washington, D.C., are moving ahead with a steep increase of the minimum wage, but local business owners fear the law will likely result in higher consumer prices and less hours for employees. “Stores are going to need to increase their product price,” Daniel Ahn, owner of Gallery Market in Chinatown, told…
Trade May Have Been the Natural State Once, but Not Today By Brett Linley Trade agreements have turned into a contentious subject among libertarians. While free trade and free markets have been long-standing tenets of libertarianism, many reject government trade arrangements. One of the most popular arguments is that free trade doesn’t need any deal….
By Eric Lieberman Ride-hailing services in China are now legal after several of the country’s regulators approved a new legal framework to guide how such companies can operate in the country. Uber and similar ride-sharing companies are banned in several places in America, including the whole state of Nevada. Just like in America, ride-sharing startups like Uber…
By Chris White Nearly 50 animals have starved to death in Venezuelan zoos due in large part to food shortages ravaging the country. The Caricuao zoo in Caracas includes Vietnamese pigs, rabbits and birds. Many of the animals have not eaten in several weeks, according toMarlene Sifontes, a union leader for the state agency controlling…
By Aya Katz Both Donald Trump and Hillary Clinton agree: the minimum wage should go up. Yet neither of them seem to have considered the consequences. When the minimum wage goes up, black teens lose their jobs. According to economists William Even from Miami University and David MacPherson from Trinity University, based on a sampling of 600,000…
Trump Wants to See a $10/hr Minimum Wage Donald Trump is never afraid to say what’s on his mind, even if it makes no economic sense. Given his previous refutations of free market principles, it probably should come as no surprise. Once more, Trump is testing the limits of his conservative supporters by advocating a…
Sanders Followers Oppose the TPP Without Appreciating Benefits While watching the Democratic National Convention, you may have noticed a group of protesters chanting “No TPP” on the conference floor. During Representative Elijah J Cumming’s speech, supporters of former-candidate Bernie Sanders chanted this call while waving “No TPP” signs. Watch below, as the protesters disrupt the…
By Thomas Phippen The U.S. government is planning a viral video campaign to “raise awareness on climate change” in India as part of an initiative to help the country decrease its carbon emissions. “Climate Change is a top policy priority for Mission India,” which is why State Department will pay up to $95,000 for several 2-3 minute…
Republicans really don’t care about limited government anymore — at least, those who were in Cleveland for the RNC do not. Such facts became crystal clear when the droves of sycophantic followers cheered enthusiastically for a speech that sounded like it belonged at Hillary Clinton’s convention. Ivanka Trump used debunked liberal stats and talking points…
By Chris White Techno-wonder boy Elon Musk finally revealed Wednesday night his much-hyped second master plan for the future of his two sustainable energy projects, Tesla Motors and solar panel producer SolarCity. Musk, the CEO and chairman of both companies, wrote in a blog post on Tesla’s website that the two companies must combine if the world…