By Rachel Stoltzfoos A venture capitalist associated with Mark Zuckerberg’s immigration lobbying group Fwd.us insulted American workers who lost their job to foreigners at a recent immigration event, saying they got what they deserved. “You know, I’m relatively crude on that,” capitalist Lars Dalgaard said at the National Journal event that was partly sponsored by Fwd.us, which lobbies…
Bernie Sanders is Wrong about Scandinavia by GRANT PHILLIPS [dropcap size=small]S[/dropcap]enator Bernie Sanders continues to show his fervent desire for a socialist United States. In a recent interview, Sanders touted that the United States should be more like the Scandinavian countries. This, of course, begs the obvious question: should the United States be more like…
Milton Friedman: Chile’s Savior by Jose Nino [dropcap size=small]N[/dropcap]early 40 years ago, Chile was experiencing one of the most severe crises in its history. Two years removed from a military coup that overthrew the Marxist government of Salvador Allende, Chile was still in economic dire straits. When the military government of Augusto Pinochet assumed power…
By Josh Fatzick Instead of expanding her business and adapting to a new and growing clientele base, a hair salon owner in D.C. is now publicly blaming new residents in her neighborhood for forcing her to close up shop. A letter posted on the front door of Jak & Co. Hairdressers in the Bloomingdale neighborhood…
By Drew Rush #1. Prime Minister Considers 100% Currency Reserves Recently, the Prime Minister of Iceland commission a study aimed at monetary reform in his country. Frosti Sigurjonsoon[1], an Icelandic member of parliament, conducted this study and is advocating for a 100% reserve for their country’s currency. In other words, abolish fractional reserve banking and don’t…
By Connor D. Wolf The Employment Policies Institute released a report Thursday showing many Oakland businesses have scaled back operations in response to the recent minimum wage hike. According to the report, “Examining the Costs of the City of Oakland’s $12.25 Minimum Wage,” many local businesses have reported adverse effects as a result of the…
McDonald’s and Minimum Wage by GRANT PHILLIPS [dropcap size=small]W[/dropcap]hen employers doll out wage increases, the announcement is usually met with appreciation and enthusiasm. For McDonald’s, however, their recent wage increases and new benefits were met with criticism and demands for more. McDonald’s will be raising wages by about $1 for 90,000 employees at 1,500 of…
Shoppers Let It All Out In This Video Protesting Dallas’ Bag Tax By Casey Harper Opponents of Dallas’ new bag tax, which allows stores to charge shoppers a nickel per bag, released a video this week where Dallas residents hold nothing back. “I think it’s not a good idea,” says one man. “If you really want…
By Michael Bastasch U.S. and Iranian diplomats have agreed to end sanctions on the world’s largest Shi’ite Muslim country, causing oil prices to tumble as markets feared more crude will be added to global supplies. Bad news for Saudi Arabia, but good new for Iran which will soon be able to sell oil to eager…
By Connor D. Wolf McDonald’s defended itself Monday in New York against a new labor board standard that threatens to end the franchise model. Under the National Labor Relations Act a company can be considered an employer over a company it contracts with if it has significant enough control over the employees. Known as the…