Austrian Economics Overview

Displaying 1871 - 1880 of 2093
Murray N. Rothbard

Minimum wage laws force unemployment up. All of those with few skills looking for an entry position will be denied because they cannot add enough value to the business labor field to be paid minimum wage. Unemployment follows minimum wage hikes. Marginal workers are being denied the labor market.

Hans-Hermann Hoppe

An extraordinary and wide ranging interview with Hans-Hermann Hoppe: "The apologists of the central state claim that a proliferation of independent political units would lead to economic disintegration and impoverishment. Today, however, manny small countries are all wealthier than their surroundings. Moreover, theoretical reflection also shows that this claim is just another statist myth."