Mob Rule Economics
• Lewrockwell.comWhile we talk about democracy and equal rights, we seem increasingly to let both private and government decisions be determined by mob rule.
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While we talk about democracy and equal rights, we seem increasingly to let both private and government decisions be determined by mob rule.
CNBC's long-running "jobs Friday" fetish is getting downright appalling. Each month the BLS puts out a treasure trove of data on the rich and complex mosaic of the US labor market—-a download that embodies a truly frightening trend of econom
It is almost as if the Fed warned us this would happen. In a note released yesterday, a Fed working paper titled ....
Manufacturing in the U.S. will never be what it was. Employment in the sector is down nearly 50% from its May 1979 peak, and fell more than 10% during the Great Recession.
labor
Faith that the future will be better than the present is slipping, as despite President Obama's demands that Americans not be "cynics," a new report shows there is a major lack of confidence that the next generation will have it better than the last
The Status Quo is desperate to mask the declining fortunes of those who earn income from work, and the Misery Index 2.0 strips away the phony facade of bogus unemployment and inflation numbers.
Years of low coffee prices followed by the worst drought in decades in Brazil have pushed even the smallest family farmers to buy modern machinery rather than rely on increasingly scarce and expensive labor.
She was riding in a car and lit a small firework and threw it out the window, where it ignited brush, court records say. Johnson was arrested days after posting on Facebook, "Like my fire?"
As a result of Obamacare Medicaid expansion coupled with means-tested Obamacare assistance, I estimate welfare rolls expanded from 35.4% of the population in 2012 to about 40% in 2014.
This past week several reports came across my desk highlighting both the good news and the bad news about the future of automation and robotics.
The recent announcement prohibiting the use of Uber in Berlin by the city's Department of City and Regulatory Affairs comes on the heels of vocal opposition of the transportation service from taxi unions in several cities, including Barcelona and Lon
Technology Review has an interesting infographic on the Rising Use of Robots, and which sectors show the biggest increase in use.
On January 6, 2004, Paul Craig Roberts and US Senator Charles Schumer published a jointly written article on the op-ed page of the New York Times titled "Second Thoughts on Free Trade." The article pointed out that the US had entered a new economic e
Robots have loomed over the future of labor for decades?at least since robotic arms started replacing auto workers on the assembly line in the early 1960s.
Sure. You can make $15 an hour at McDonald's, at least in Seattle. You just have to perform better than this machine
(CNSNews.com) - 11.4 million Americans age 16 and over have left the workforce since President Obama took office in January 2009, according to data released today from the Bureau of Labor Statistics (BLS).
For the last few years, the 'scariest' chart for Europeans has been the unending surge in youth unemployment.
There are now more people working in the solar industry than there are coal miners, according to Politifact.
Microsoft will slash up to 18,000 jobs by the end of the year. That's 14 percent of the company's workforce, and it amounts to the largest round of layoffs in the nearly 40 year history of the software kingpin.
(Reuters) - Microsoft Corp is planning its biggest round of job cuts in five years as the software maker looks to integrate Nokia Oyj's handset unit, Bloomberg reported, citing people with knowledge of the company's plans.
The greatest athletes in the world start training when they are young. The greatest musicians start taking lessons when they are children. Some of the greatest entrepreneurs in the world were starting businesses when they were teenagers. To become gr
Washington can't stop lying. Don't be convinced by last Thursday's job report that it is your fault if you don't have a job.
Kelly Parker was thrilled when she landed her dream job in 2012 providing tech support for Harley-Davidson's Tomahawk, Wisconsin, plants.
The United States was created as a tax haven — now corporations are fleeing.
President Barack Obama faced immediate demands for bold action to stem deportations Tuesday, a day after declaring immigration legislation dead and announcing plans to act on his own.
A U.S. Army captain with more than a dozen years in the service, including multiple tours of duty in combat zones, assumed his job was safe.
Wearable tech, EHRs and smart appliances all point to a need for increased security – and that may mean job growth.
The Senate just confirmed two new United States ambassadors to crucial posts — Iraq and Egypt.
The federal government's senior executives are leaving the civil service at a rapidly increasing rate, according to a new report, creating the possibility for a significant shortage of qualified top managers.