Raising the minimum wage is offered as a way to help minorities and the working poor, but doing so would end up hurting those groups the most.

JBS CEO Art Thompson's weekly news video update for June 9 - 15, 2014.

On June 4, Oklahoma joined Utah, Texas, and Louisiana in affirming that gold and silver coins are (as they always have been under the Constitution) legal tender in the payment of debts in the state.

War on Poverty continues to fail, more than one in five children are living in poverty.

Monday’s announcement that the Seattle City Council had voted 9-0 to raise the city’s minimum wage to $15 an hour was much more about advancing a political agenda than about improving economic conditions of the working poor.

Our post office, like the Hindustan Ambassador, has had a long run as a government protected monopoly. But just a partial erosion of that monopoly, with the appearance of United Parcel Service and Federal Express, has threatened the viability of the post office.

Ride-sharing apps such as Lyft and Uber illustrate the unexpected and welcome benefits the free market provides when it is left alone.

Freedom has suffered another blow, this time in Michigan, which has just raised its minimum wage along with its unemployment rate.

Plans to build a massive new headquarters for the Department of Homeland Security on the grounds of an insane asylum have run up against fiscal reality.

The United States accused five Chinese of espionage against American corporations, while China called the charges "overbearing and hypocritical."

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