Minimum wage »
Labour still don’t understand basic economics
Daniel Pryor exposes the damage that will be caused by Labour’s proposals that force firms to hire apprentices if they employ skilled foreign workers. Socialism is trendy again, thanks to Ed Miliband and the
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A Critical Look at Sweatshops
Everyone can agree that sweatshops are not a good thing. They entail long hours with no breaks, terrible working conditions, a disgracefully low pay, abuse from employers and sometimes, worst of all, an abuse
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Wanna kick-start the economy? Bring in a Negative Income Tax.
No one, not even the most die-hard Tory, should be arguing that the British economy is doing well. Pundits are scarcely using the term ‘Greenshoots’ just in case they are jinxing the somewhat
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Employment Woes: Rage Against the Minimum Wage
Allrik Birch, The minimum wage is terrible. Aside from the Iraq war (which is still contentious), it is possibly the single worst thing Blair did whilst in office. Minimum wage, like minimum prices
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The Living Wage Fantasy has a viable alternative
This week in the political schedule is a hectic one. Just over the Atlantic, our colonial cousins are busy electing which representative of Goldman Sachs they would prefer to plunge their decaying society
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The True Costs of Minimum wage
We all know the theory of minimum wages. The market reaches equilibrium wage naturally, if a firm can receive £4 in benefit from a job it will offer a wage of anything below £3.99
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