In a previous post, I expressed skepticism at the thought that employers necessarily owe employees a living wage. I asked, what if an employee is just not very productive, and so his hourly marginal product is below the hourly living wage rate, whatever that is. In that case, for the employer to pay the […]
As you know, California is phasing in a $15 minimum wage. As Matt has explained, this is very likely a very bad idea. But: could a minimum wage law be a requirement of justice?
I don’t mean to ask whether justice might require some coercive measures to benefit a group of people. Let’s suppose […]
One of the most important insights of both the classical liberal tradition and the new and the growing (and not necessarily classical liberal) multi-disciplinary study of social norms is that the state is not the primary source of social order. Most of social life is governed by moral and legal conventions not created by the […]
There’s been quite a bit of discussion* about Jason Brennan’s and Phil Magness’s excellent paper on the alleged exploitation of adjunct faculty.
Brennan and Magness note that “Many news sources, magazines, and activists claim that adjuncts are exploited and [therefore] should receive better pay and treatment” and go on to observe that “any attempt […]
Judging by the comments to my last post, by some of the defenses of Sanders I’ve seen, and by articles by people like Stephen Macedo, many people think something like the following is a good argument for trade or immigration restrictions:
1. The government of a just democratic society has special fiduciary duties to promote […]
Buckle up, folks, for a frightening fairy tale.
Once upon a time, Andy bought cheese from Bob. But then Andy decided he wanted instead to buy cheese from Charlie, a very poor person who lives overseas. (If you prefer, make the story that Andy specifically bought cheese from Charlie’s employer, […]