Economy

New Hampshire Senate votes against having a state minimum wage

The latest effort to increase the minimum wage at the state level died recently in the New Hampshire Senate. Article by Jon Miltimore from FEE. “New Hampshire currently doesn’t set its own minimum wage. Instead, the state follows the federal minimum which is $7.25 per hour,” the Associated Press reports. “The Republican-led Senate voted 14-10 along party lines Thursday to reject...

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Lenin’s new economic policy: When the Soviets admitted socialism doesn’t work

A century ago, the Mother Ship of Socialism—the Soviet Union—was teetering on the precipice. The Poles had just vanquished the hopes of dictator Vladimir Lenin to sweep across Europe. Under the bludgeon of Marxist central planning, the economy had collapsed to a fraction of its pre-war dimensions. The country was seething in discontent. Insurrection seemed imminent. Indeed, the month...

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How economics helped me understand the evolving music business

On March 2, online publication MusicRadar covered a report released by the University of East Anglia detailing independent musicians’ dwindling incomes. The report stated two major factors are at play. Article by Rebecca Day from FEE. First, artists who belong to major labels have a distinct advantage over independent musicians when it comes to earning potential from streaming. Platforms...

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Two-thirds of Manhattan white-collar workers will not return to office full-time, survey says

"Working from home" or at least some sort of the "hybrid" work model (a combination of work-at-home and office) could be the "new normal," according to a new study of Manhattan's largest employers. Article from Zero Hedge. Despite COVID-19 vaccine rollouts and virus-related infections, hospitalizations, and deaths declining in recent months, the Partnership for New York City released a survey...

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Leave the choice of restrictions to the market

Coffee shops in Knoxville, Tennessee, are a microcosm of the world’s reaction to Covid-19. A Starbucks here features a drive-through stacked several cars deep, hour after hour. Most of the people waiting patiently in their cars wear masks. Inside, the shop is nearly deserted. As soon as I enter, the barista tells me to pull my mask up...

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Why is $3.75 billion in Covid relief money going to the Bill Gates organization that fights AIDS, Tuberculosis and Malaria?

It isn't news that billionaire non-doctor Bill Gates is deeply embedded in the entire Covid-19 fiasco. He has been one of the unofficial leaders of the lockdown movement, the biggest proponent of vaccines, and an advocate for a full-blown globalist attitude towards the pandemic. He has friends in high places, including the Chinese Communist Party, the World Health...

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Pandemic drives Americans away from expensive cities

Many high-income Americans abandoned high-cost coastal cities for suburbs, cheaper urban centers and remote areas as the coronavirus pandemic forced many people to work remotely, according to a report from Bloomberg. Article by Virgilio Marin from Natural News. The report also noted that the American workplace looks different from pre-pandemic days. Americans working remotely fled expensive coastal cities The movement of workers was one of the most visible effects of...

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