It has been a busy month for us. We have now passed 1000 page views and this is the 17th post this month, albeit a short one.
Earlier this month we commented on the effects of a minimum wage. (Click here for blog) In that blog, we suggested that the minimum wage actually caused unemployment among the very people it was supposed to help, and that minimum wages are favoured by trade unions as a method of increasing their own pay. We'd like to think that the NY Times reads our blog, but we doubt it. They published an article about the effects of minimum wages in South Africa that provides evidence of what we were saying. (Click here for article)
In the Quebec arena story, we attacked the efficacy of discretionary fiscal policy and it's ability to create jobs. (Click here for blog). Expansionary policy is used during a recession to fight unemployment. We took the opposite view of Paul Krugman and suggest that fiscal policy doesn't work and offered an article about Los Angeles as evidence. Yesterday, McClatchy's Washington Bureau posted an article offering more examples. (Click here for article)
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