Obamacare premiums are going up once again. According to California’s health insurance exchange, Obamacare premiums are projected to rise eight percent on average in 2017. This will double the past two years’ increases of four percent. Insurance providers in California have submitted initial rates for next year. The final figures will be officially announced in […]
Archives for May 2016
Report: 12 reasons why consumers aren’t shopping at retailers
Macy’s, Kohl’s and Nordstrom are retailers that recently reported disappointing sales and declining store traffic. Despite consumers’ appetite for spending and borrowing growing once again, retailers are wondering why they’re not drawing in shoppers like they used to. And this isn’t a matter of customers avoiding brick-and-mortar stores. Shoppers aren’t filling up their digital shopping […]
Why Median Incomes Probably Are Really Going Down
By: Ryan McMaken In response to last week’s post on median incomes, several readers responded on Twitter with links to posts by the American Enterprise Institute think tank which explain some of the problems with using measures of household income. At the Mises Institute, we’re not exactly in the business of helping the US government defend […]
Video: Does Child Labor Help Children in Poverty?
We’re constantly told that we should feel ashamed when we buy clothing items that have been made in countries with child labor. We’re always told that we as Western consumers are exploiting children in third-world nations. Is this really the case? Not quite. First, children working in manufacturing accounts for a very small portion of […]
5 random things for a Friday (Wendy’s automates to fight minimum wage, safe space, Ron Paul on the war on cash)
News Story of the Day: As part of efforts to overcome increases to the minimum wage and a weak fast-food market, global fast-food chain Wendy’s confirmed in an earnings conference call Wednesday that it will begin to automate all of its restaurants. Wendy’s will start to install self-serving kiosks at more than 6,000 locations late […]