There have been numerous articles discussing minimum wage regulation. The argument against them is a microeconomic one that it hurts the bottom line of businesses and will cause them to lay off employees. The question is how far down do wages have to get before we get to slave labor for them to be happy.The [...]
The Mission, Premise and Promise of CPE
CPE will promote the correct macroeconomic understanding, mainly through economic validation, that joins business with government, educators, environmentalists, civic and philanthropic leaders to create a quality global economy and community.
We cannot have a politically democratic society
without economic democracy!
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The title of this article was a slogan in the 1992 Clinton campaign. Have you ever wondered why you continually see changes in democratically elected governments from right to left and from left to right and then switching back again? You see this on a global basis not just in the USA. Were those leaders [...]
It is fascinating how the much promoted concept of “free trade” has developed considering that the major industrial powers of the 19th, 20th, and 21st centuries have been built by using protective tariffs. Great Britain, United States, Japan and now China have all used tariffs to protect their fledgling industries from international competition by using tariffs. [...]