When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
Issue 223
5 articles
Dear Dr. Dollar:
It’s conventional wisdom that when wages go up, as in the case of a union campaign or minimum wage increase, prices go up. My guess is that if the owners could have raised the prices, they would have already. What is the right answer? —Jeffrey Trivers, New Orleans
Radio For People, Not Profit
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The Myth of the Social Security Trust Fund
Since the 1980s, American workers have been paying more into the Social Security system than retirees are taking out. These
Clinton's Social Security Scam
When President Clinton announced a plan to save Social Security this past January, aides were flummoxed. Many acknowledged that they