Economics Laureates in Favor of Raising the Minimum Wage

Written by Robert Murphy on January 16, 2014

Minimum Wage

The Economic Policy Institute has released a letter signed by 75 economists–including 7 winners of the Nobel (Memorial) Prize in economics–calling for the federal government to raise the national minimum wage from its current level of $7.25 to $10.10 by 2016. In this post I want to explain how this is possible, and why I […]

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American Lawyers Hope to Cash In on LIBOR Rate-Rigging

Written by Gary North on October 18, 2012

As reported widely, a dozen big banks shared information with each other on the LIBOR rate, which is set by banks in London (actually, in the City, a separate legal jurisdiction in the middle of London, where the banks operate). The rigging was illegal. Barclays Bank has paid fines of almost $500 million. The other […]

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