by Noni Mousa Hmmm. $13 per hour minimum wage? I am CERTAIN that those dollars wouldn’t go into savings — instead they would go into paying bills and buying stuff, probably more pricey stuff than dollar store gimcrackery. Certainly it appears to be hard on employers. But I wonder how much of this is a […]

Women’s lib is a capitalist plot to exploit the last great source of cheap, high quality labor. OK, now that I’ve made a statement designed to be extreme and arouse controversy it is time to look at the data a little differently. In the recently released Census report on income and insurance one of the […]

Autoblog reports: While Toyota and General Motors continue to duke it out for first place among the world’s largest automakers, the lower rungs have been equally hotly contested. It came as a shock to many that Hyundai-Kia had surpassed Honda to take the Number 5 spot, but if you think the battle is being waged […]

One Salient Oversight challenges T-Boone: Dear Mr. Pickens, Just recently you stated to the media that you expected oil prices toreturn to record levels by the end of 2008. Sir, you are a man who sticks by his word, so I would like to make awager with you if that is at all possible. Why? […]

WOW — Hurricane Gustav has landed and I have yet to see a libertarian post arguing that Wal Mart, Home Depot and other major modern corporations will not resupply New Orleans without higher prices. Maybe they are all taking Labor Day off in honor of the Union movement.

by Tilman Tacke and Robert Waldmann Globalization has caused a decrease in cultural distinctiveness. We find indications of a link between the divorce rate in Japan after 1955 and the market share of foreign films. Foreign films in Japanese cinema, including Hollywood productions, may act as importer of Western values. The market share of foreign […]

From the Saturday NYT story by Floyd Norris. Just to preclude the comments, this is from the economic bottom, so it does not include the recession Bush inherited.

by reader drew Legislatively (re)impose a fair and balanced labor market: First, double the minimum wage to $13/hr over three years (a dollar every six months?) – and – legally guarantee inflation adjustments for incomes under $100,000. Doubling the minimum wage could potentially add an average 50% more pay to below 50 percentile earnings ($13/hr […]

Storm Pulse is a way to track the various weather events. Update: P Jackson of Housing Wire is writing for CR with this Calculated Risk and commenting on oil and insurance matters. (rdan-CR link fixed)

Continuing a series from Marginal Utility, link here: