Economists have long known that when minimum wages go up, the number of jobs for kids tends to go down. Even experts who cling to the belief that raising the minimum wage has no net negative effect on the economy generally agree that such wage hikes price many unskilled workers
Former U.S. Vice President Al Gore proclaims that scientists agree, “Humans are causing global warming.” As proof, he cites a study in the journal Science by Naomi Oreskes, a professor at the University of California, San Diego.
She claims 100 per cent of the studies that addressed human influence on current
Well-off foreign couples are getting around laws banning sex selection in their home countries by going to America where it’s legal for medical procedures that can give them the boy or girl they want, says Carla Johnson of the South Florida Sun-Sentinel. The United States’ lack of regulation
This week’s U.S.-EU summit did little to end the finger pointing over who is more at fault for endangering the Doha trade talks by refusing to budge on farm subsidies. The real answer is everybody, as a report released this week by the Organisation for Economic Co-operation and Development (OECD)
In the time that it takes you to read this sentence, at least one child has died and many more will have suffered needlessly from a disease that is entirely preventable and curable. Malaria is responsible for the death of approximately 1 million African children every year and as many
Foreign aid often doesn’t work very well, says William Easterly, a former World Bank official who is now an economics professor at New York University, in his provocative new book, “The White Man’s Burden.”
According to Nicholas Kristof of the New York Times, Easterly’s argument is right: helping people can be
