Economy

The Negative Effects of the Minimum Wage

Various state legislators and interest groups around the United States are pushing for increases in the minimum wage. In California, for example, even Republican Gov. Arnold Schwarzenegger now advocat…

The Bicoastal Housing Bubble

Speculative "bubbles" can appear in various sectors of the economy when the Federal Reserve eases monetary policy by lowering interest rates. Generally speaking, when the Federal Reserve tightens mone…

Income Distribution: Stagnant or Mobile?

The problem for the Democrats is that the American people don't believe in class warfare. They don't hate the rich because they are rich. On the contrary, they want nothing more than to emulate them.…

Stock Returns and Economic Growth

Over the last decade, the Social Security Administration has evaluated numerous reform proposals. Recently, when evaluating reforms that involve investments in the stock market, the Social Security Ad…

Economic Freedom Index of North America 2005

This is the third edition of the annual report, Economic Freedom of North America. The statistical results of this year's study persuasively confirm those published in the previous two editions: econo…

Thinking Outside The “Big Box”

Neighborhoods, city councils and the media are debating whether to welcome or discourage big-box retailers. While Wal-Mart comes to mind, big-box retailers are defined as any free-standing store great…

Aging, the World Economy and the Coming Generational Storm

The United States is about to experience the greatest demographic change in its history. Most of this change will occur over the next 30 years, as 77 million baby boomers cease to work and pay payroll…

Measuring Labour Markets in Canada and the United States: 2004 edition

Measuring Labour Markets in Canada and the United States: 2004 Edition is the second instalment in ongoing research to assess the performance of labour markets and explain why results differ among jur…