Minimum Wage

Business & Economics

California, And Particularly The Bay Area, Has Worst Regulatory Climate For Small Businesses, Study Says

A new study from the San Francisco-based Pacific Research Institute has ranked the regulatory climate for small businesses in California the worst out of all 50 states — and the Bay Area is a prime example of why. The reasons? Costly regulations on short-term disability insurance and a minimum wage ...
Business & Economics

States Where Regulations Harm Small Businesses The Most

The federal and state governments continue to impose ever-more burdensome regulations on businesses across the country. Overall, in 2014 alone, the Obama Administration imposed an estimated $181.5 billion in proposed and final regulatory costs on the U.S. economy according to a study by the American Action Forum. And, the federal ...
Business & Economics

Study: Wyo. Ranks #20 For Small Business

In a study examining regulatory burden more than tax burden, Wyoming ranked No. 20 for small-business friendliness. This stands in contrast to other studies where Wyoming has been ranked No. 1 and No. 2 for business. The 124-page study, which developed a regulatory index for each state, emerged Thursday from ...
Business & Economics

The impacts of raising San Francisco’s minimum wage to $15

On Nov. 4 San Francisco voters are being asked to approve Proposition J, a measure which increases the minimum wage in San Francisco to $15 per hour by 2018 from the current city rate of $10.74. San Franciscans should think carefully before approving this measure. When a business hires an ...
Commentary

Union wins $15 minimum wage for L.A. schools’ service workers

A Los Angeles Unified School District move to raise its minimum wage to $15 an hour has thrust the system into the forefront of a national movement and marks another political victory for a powerful labor group — and it’s not the teachers union. The Service Employees International Union, Local ...
Commentary

Obama the populist?

From his State of the Union to follow-up speeches in Maryland, Pennsylvania, Wisconsin, and Tennessee, Barack Obama is playing the populist on issues ranging from the minimum wage to unemployment benefits to retirement savings. He sides rhetorically with the little guy, victimized by big forces and big institutions. Yet, when ...
Commentary

Beware of a Forestry Standard Monopoly

Before any policy is changed, the potential economic consequences that they can cause should be considered. The Community Reinvestment Act and other affordable housing regulations, for instance, were supposed to increase loan availability to under-served communities. Unintentionally, these regulations played an important role in creating the housing boom and bust ...
Business & Economics

Startup Business Are America’s Best Job Creators

‘Small business” is the recipient of much official love (as well as heavy regulatory intrusion), but it receives its loudest applause as the supposed source of most employment growth. Alas, that conventional wisdom is incorrect: The modern scholarly literature finds that it is new (not small) businesses — startups — ...
Business & Economics

New Study Finds Startup Business Increases Growth of Real SGP

A new study examining the effect of net employment creation by startup businesses on state gross product was released today. Startup Businesses and the Growth of Real State Gross Product is authored by PRI senior fellow Benjamin Zycher, Ph.D. Dr. Zycher uses a sample of 49 states for the period ...
Commentary

Employer mandate a recipe for unemployment

Walmart just announced that it will not offer health insurance to new employees who work less than 30 hours a week. It’s reserved the right to do the same for existing workers. For these new policies, Walmart’s employees can thank Obamacare. The federal health reform law’s “employer mandate” requires companies ...
Business & Economics

California, And Particularly The Bay Area, Has Worst Regulatory Climate For Small Businesses, Study Says

A new study from the San Francisco-based Pacific Research Institute has ranked the regulatory climate for small businesses in California the worst out of all 50 states — and the Bay Area is a prime example of why. The reasons? Costly regulations on short-term disability insurance and a minimum wage ...
Business & Economics

States Where Regulations Harm Small Businesses The Most

The federal and state governments continue to impose ever-more burdensome regulations on businesses across the country. Overall, in 2014 alone, the Obama Administration imposed an estimated $181.5 billion in proposed and final regulatory costs on the U.S. economy according to a study by the American Action Forum. And, the federal ...
Business & Economics

Study: Wyo. Ranks #20 For Small Business

In a study examining regulatory burden more than tax burden, Wyoming ranked No. 20 for small-business friendliness. This stands in contrast to other studies where Wyoming has been ranked No. 1 and No. 2 for business. The 124-page study, which developed a regulatory index for each state, emerged Thursday from ...
Business & Economics

The impacts of raising San Francisco’s minimum wage to $15

On Nov. 4 San Francisco voters are being asked to approve Proposition J, a measure which increases the minimum wage in San Francisco to $15 per hour by 2018 from the current city rate of $10.74. San Franciscans should think carefully before approving this measure. When a business hires an ...
Commentary

Union wins $15 minimum wage for L.A. schools’ service workers

A Los Angeles Unified School District move to raise its minimum wage to $15 an hour has thrust the system into the forefront of a national movement and marks another political victory for a powerful labor group — and it’s not the teachers union. The Service Employees International Union, Local ...
Commentary

Obama the populist?

From his State of the Union to follow-up speeches in Maryland, Pennsylvania, Wisconsin, and Tennessee, Barack Obama is playing the populist on issues ranging from the minimum wage to unemployment benefits to retirement savings. He sides rhetorically with the little guy, victimized by big forces and big institutions. Yet, when ...
Commentary

Beware of a Forestry Standard Monopoly

Before any policy is changed, the potential economic consequences that they can cause should be considered. The Community Reinvestment Act and other affordable housing regulations, for instance, were supposed to increase loan availability to under-served communities. Unintentionally, these regulations played an important role in creating the housing boom and bust ...
Business & Economics

Startup Business Are America’s Best Job Creators

‘Small business” is the recipient of much official love (as well as heavy regulatory intrusion), but it receives its loudest applause as the supposed source of most employment growth. Alas, that conventional wisdom is incorrect: The modern scholarly literature finds that it is new (not small) businesses — startups — ...
Business & Economics

New Study Finds Startup Business Increases Growth of Real SGP

A new study examining the effect of net employment creation by startup businesses on state gross product was released today. Startup Businesses and the Growth of Real State Gross Product is authored by PRI senior fellow Benjamin Zycher, Ph.D. Dr. Zycher uses a sample of 49 states for the period ...
Commentary

Employer mandate a recipe for unemployment

Walmart just announced that it will not offer health insurance to new employees who work less than 30 hours a week. It’s reserved the right to do the same for existing workers. For these new policies, Walmart’s employees can thank Obamacare. The federal health reform law’s “employer mandate” requires companies ...
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