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October 2013

The Darmouth Apologia

We the staff of the Apologia are Christians. We believe that the mystery of God was revealed in Jesus, and He demonstrated His matchless love for us through His life, death, and resurrection. Members of the Catholic, Protestant, and Eastern Orthodox traditions, we formed this journal because we believe that Christianity is as relevant and important today as it was in the first century. Inspired by the early Christian apologists, we seek to articulate Christian perspectives in the academic community.

We endeavor to think critically, question honestly, and link arms with anyone who searches for truth and authenticity. We don’t claim always to be right or to have all the answers. This is a journal of seekers, people who desire to love God with their minds as well as their hearts and souls. The Dartmouth Apologia does not exist to proselytize but to discuss, and we warmly invite you to join us in this discussion.

 

 

 


Minimum Wage Madness

Part I

"Political crusades for raising the minimum wage are back again. Advocates of minimum wage laws often give themselves credit for being more "compassionate" towards "the poor." But they seldom bother to check what are the actual consequences of such laws.

One of the simplest and most fundamental economic principles is that people tend to buy more when the price is lower and less when the price is higher. Yet advocates of minimum wage laws seem to think that the government can raise the price of labor without reducing the amount of labor that will be hired.

When you turn from economic principles to hard facts, the case against minimum wage laws is even stronger. Countries with minimum wage laws almost invariably have higher rates of unemployment than countries without minimum wage laws."

 

Part II

"A survey of American economists found that 90 percent of them regarded minimum wage laws as increasing the rate of unemployment among low-skilled workers. Inexperience is often the problem. Only about 2 percent of Americans over the age of 24 earned the minimum wage.

Advocates of minimum wage laws usually base their support of such laws on their estimate of how much a worker "needs" in order to have "a living wage" -- or on some other criterion that pays little or no attention to the worker's skill level, experience or general productivity. So it is hardly surprising that minimum wage laws set wages that price many a young worker out of a job.

What is surprising is that, despite an accumulation of evidence over the years of the devastating effects of minimum wage laws on black teenage unemployment rates, members of the Congressional Black Caucus continue to vote for such laws."

 

Update

Destroying Household Jobs