Essential Economics for Politicians

The amount of goods on big container ships boggles the mind.

"This year's new class of container ship, the Triple E. When it goes into service this June, it will be the largest vessel ploughing the sea. Each will contain as much steel as eight Eiffel Towers and have a capacity equivalent to 18,000 20-foot containers "


WOW ! A post that I could respond to with some sort of Compliment and click a " Like ".
Good for Wez.....don't know how long this will last, but nice informative post.
 
The ‘Fight For 15’ Is Another Tool For Big Businesses To Kill Competition

https://fee.org/articles/the-fight-for-15-is-another-tool-for-big-businesses-to-kill-competition/


The Real Beneficiaries

For instance, if the minimum wage was $8 and the union wage was $40, employers give up 5 hours of low-skilled work for every union worker-hour utilized. But if the minimum hourly wage were increased to $10, employers would only be foregoing 4 hours of low-skilled work for every union worker-hour employed. Consequently, it is no wonder unions, whose self-interests are advanced whether or not low-skill workers benefit, are the primary backers of minimum wage campaigns.
 
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