by Heather Hastie | Mar 20, 2016 | Economics, USA
Many politicians, especially those on the right, preach the gospel of Trickle-Down Economics. The theory is that if businesses have more money they will employ more people and therefore it is essential to reduce business taxes. Raising the income of the wealthiest in...
by Heather Hastie | Mar 13, 2016 | Economics
On 1 April New Zealand’s minimum wage is increasing from $14.75/hour to $15.25/hour (US$10.29), so I thought I’d take the opportunity to do one of the posts on The Economy I’ve been promising. Whenever the level of the minimum wage is discussed, there are those who...