October 2013Volume 63, 2013
Work probably dominates your time in one way or another: Either you spend most of your waking hours on it, or you’re dealing with the hardship of not being able to find any. Work is also at the very heart of everything we value about the economy, so how we talk about it matters, says Sarah Skwire, even beyond just how we feel about our days. Bruce Yandle looks into where all those people who aren’t even trying to find work have gone. D.W. MacKenzie explains why raising the minimum wage is only going to mean more people fall back out of the workforce. Plus, Lawrence Reed discusses what we’re really all about at FEE, Jeffrey Tucker says there’s an encouraging trend in pop culture, Tom Bell lays out a way to keep cities vibrant, and much, much more.
Communicating Beyond Society, Market, and Hypostatization
AUGUST 29, 2013 by Gian Piero de Bellis
Speaking of abstract concepts in concrete terms is a terrific way to prevent clear thinking or actual communication. You often hear "society" being used this way, and it's no different for "the market." Here's how to fix it.
Can you find the disappearing labor force?
SEPTEMBER 05, 2013 by Bruce Yandle
Fewer people are part of the labor force than at any time since 1979. A look at incentives helps explain where everyone went.
Krueger and Card’s New Minimum-Wage Theory After 20 Years
AUGUST 05, 2013 by D.W. MacKenzie
Minimum-wage laws have failed to help the people whom these laws were supposed to help. Those who truly want to help lower-income Americans should press for the repeal of these laws.
AUGUST 28, 2013 by Lenore Ealy
The philanthropy sector can help us avoid decline if it sheds its Progressive-era baggage.
AUGUST 22, 2013 by Alberto Benegas-Lynch, Jr.
Classical liberals don't have a product to sell; we have ideas to transmit. We aren't offering a product with defined results but faith, vindicated time and again, in the open-ended adventure and humanity of placing people in control of their own lives.
Knowledge, Survival, and Progress
AUGUST 15, 2013 by Richard W. Fulmer
Humans have always relied on information to survive, even to thrive. Government intervention, though, distorts prices and makes it that much harder to do what we do best.
The story of America’s most famous statue is more than a little libertarian
AUGUST 20, 2013 by B.K. Marcus
We hear that the Statue of Liberty was the gift of "the French people" to "the American people." Grammar-school civics aside, though, individuals from all walks of life wound up funding the statue voluntarily, without State funding or coercion.
Clogging the courts and slanting the news
SEPTEMBER 10, 2013 by Emma Elliott Freire
Great Britain's most ruthlessly collected tax pays lavish BBC salaries and buys badly slanted news coverage. Those who can least afford it (and have the least interest in the BBC) get hit the hardest.
Contemporary Pop-Culture Themes Point to a Conscious Awakening
AUGUST 21, 2013 by Jeffrey A. Tucker
Certain themes are emerging in pop literature and film that distinguish themselves from dominant strains of the past. Individuals aren't outrunning wild beasts or hurricanes or other features of nature's cruelty; they are outrunning enforcement agents, authority, and rules--and would-be tyrants.
Area 51 Exists
SEPTEMBER 09, 2013 by Andrew Heaton
The government finally admitted that Area 51 exists, but said nothing about little green men. But that conspiracy theory, like the one about the faked moon landing, was always unlikely, given the government's track record when it comes to confidence.
How we talk about works matters
JULY 26, 2013 by Sarah Skwire
Studs Terkel's survey of working illustrates the link between the way we talk about work and how we think about it.