An IPE Report According to the National Household Survey (ENAHO), household income in Peru decreased by more than 30% between 2019 and 2020. This situation had considerable effect on the saving capacity of Peruvians. While in 2019 an average family saved S/636 per month (21% of income), in 2020 this amount was reduced […]
By Kerry Jackson, Pacific Research Institute Handing out taxpayer dollars in the form of basic incomes is the latest policy rage. The Los Angeles Times reports there’s “a growing enthusiasm for basic income programs.” Vox says “guaranteed income is graduating from charity to public policy.” At KQED, they’re giving Oaklanders tips on […]
By Dr. Julián de Diego, Libertad y Progreso The dehumanizing process of HR sectors at corporations has begun. It is a metamorphosis that implies the application of exponential technologies to replace human labor through artificial intelligence. As a result of the accelerated pace of digitalization imposed on all activities by the pandemic, the […]
By Selena Zito, Heartland John F. Kerry, the special presidential envoy for climate, said only months ago that those losing fossil fuel jobs in coal and hydraulic fracturing will find they have a better choice of jobs either in the solar industry or as wind turbine technicians. That was then. Now, a wind […]
By Eben McDonald, Contrepoints As Luxembourg, Switzerland and Ireland show, it is not necessarily social spending and redistribution that raises the level of the poorest. The Social Democrats often praise the Nordic countries as examples of the success of progressive taxes, generous welfare states and powerful unions. Free trade advocates […]
By Ryan Bourne, Cato Institute In both his Cato paper and then an article for the Journal of Economic Perspectives, UC San Diego economist Jeff Clemens delineated the full range of ways any business might adjust to a minimum wage hike. Most empirical research has focused on whether firms cut jobs or […]
By Brad Polumbo, Foundation for Economic Education Millions of Americans, myself included, have come to rely on ride-sharing services like Uber and Lyft for convenient and affordable transportation. But in recent months, we’ve seen skyrocketing prices and long wait times just to get a ride. As it turns out, the government is […]
By Andy Blom, TES Correspondent Who would have guessed the Biden Administration would be more fraught with drama than the Trump Admin? But the border is in chaos, the pandemic in indecision, inflation running amok (try to buy lumber), lines at the gas pump as prices rise and Congress caught in overreach roadblock. […]
By LyD (Libertad y Desarrollo, Chile) The Chilean labor market has been deeply impacted by the pandemic and the quarantines decreed, which has led to a combined rate of unemployment and potential workforce (SU3) of 21.3% in the quarter January-March of this year. Added to this substantial imbalance is that 26.7% of those employed are […]
By Andy Blom, TES Washington Editor Okay everybody, take five. Relax. We have become a nation obsessed with a rush to judgment, an immediate overreaction to almost everything. A policeman stops a teenage girl from knifing another teenage girl and a basketball star — a basketball star! — instantly tweets to attack him. Georgia […]