Civitas Review

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    $15/hr Min Wage No Cure for Poverty Trap

    Posted in Civitas Review, Economics By Brian Balfour | Tagged , ,

    Still more evidence of the power of the government welfare poverty trap: Seattle’s $15 minimum wage law is supposed to lift workers out of poverty and move them off public assistance. But there may be a hitch in the plan. Evidence is surfacing that some workers are asking their bosses for fewer hours as their wages […]

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    CFO's Confirm the Obvious: Minimum Wage Hike Will Cost Jobs

    Posted in Economics By Brian Balfour | Tagged , ,

    This Triangle Business Journal article confirms the obvious: Chief financial officers in the United States say a minimum wage increase to between $10 and $15 per hour would cause immediate harm to the economy. According to a survey of chief financial officers from global companies, a minimum wage increase “would result in immediate layoffs and […]

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    Want higher wages? Legalize fracking

    Posted in Economics, Environment & Energy By Civitas Staff | Tagged , , ,

    Protesters from North Carolina’s “Moral Monday” movement, as well as other grassroots protests around the nation, have cited an increase in minimum wages as one of their chief goals. What happens, however, when government acquiesces to such demands? Seattle, Wash., recently approved a measure that would over several years raise the city’s required minimum wage […]

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    Walter Williams Dismantling the Minimum Wage

    Posted in Economics By Brian Balfour | Tagged , ,

    There is little doubt that the minimum wage is shaping up to be a hot political topic both nationally and here in NC this election year. There has been, and will continue to be, much debate on this issue. One of the most devastating critics of the minimum wage is economist and columnist Walter Williams […]

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    N&O Continues to Fail Econ 101

    Posted in Economics By Brian Balfour | Tagged , ,

    The N&O yesterday ran this syndicated column on the minimum wage. No matter how low the N&O lowers my expectations, they continue to stun me with the ignorant and incoherent scribblings they continue to print in their pages. Some examples to illustrate the nature of the article: The author raises the example of Sea-Tac, a […]

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