Econ 101: maximum rage about the minimum wage (video)


On Tuesday morning, Radio 4’s Today Programme and a number of centre left papers ran a story about the ‘living’ wage.  Unfortunately, this important story was then swamped by the hacking trial circus later in the morning. The reality is that the … Continue reading

Capitalism: serving God and Mammon? (video)


Fox News‘ and CNBC‘s squawking heads have a number of arguments that they like to marshal against raising the minimum wage; ranging from the following absurd gems: It’s just more government assistance; Minimum wage jobs are supposed to suck; and If the … Continue reading