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Keyword: artcarden

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  • They Mean to Be Masters - A Review of Trust Us

    02/27/2023 8:51:33 AM PST · by Wuli · 3 replies
    Irely on experts. Everyone should. Sick? Visit the doctor. Tooth trouble? The dentist. Car trouble? The mechanic. Climbing Mount Everest? Hire a guide. Want to come closer to God? A church near you meets at 10:30 or 11 this Sunday. Experts are indispensable aides to lives well-lived. Trust Us, a new documentary from the Pacific Legal Foundation, discusses experts in a wholly different role. These experts do not offer advice. They issue commands. The documentary considers the role experts assumed in the twentieth century: figuring out what you should do and how you should do it. You aren’t just to...
  • The Minimum Wage, Discrimination, and Inequality

    01/20/2009 9:34:24 AM PST · by dbz77 · 2 replies · 282+ views
    Ludwig Von Mises Institute ^ | January 19, 2009 | Art Carden
    One of the things that first attracted me to economics is that its logic leads us sometimes to counterintuitive conclusions. A perfect example of this is the regulated workplace. The minimum wage raises incomes for some workers and lowers incomes for others. Workplace safety regulations advantage those who are very risk averse at the expense of those who are willing to accept higher risks in exchange for higher incomes. Laws against "child labor" benefit the relatively well off at the expense of the needy. The tragic irony of the regulated workplace is that it most adversely affects those on the...