Think tanks

Think tanks

Cry Wolf Quotes

A closer look at the unemployment [nearly 10 percent unemployment rate] suggests that minimum wage laws also deserve a big share of the blameā€¦.businesses are not charities and that they only create jobs when they think a worker will generate net revenue. Higher minimum wages, needless to say, are especially destructive for people with poor work skills and limited work experience.

-
Dan Mitchell, senior fellow, Cato Institute.
06/15/2010 | Full Details | Law(s): Minimum Wage

Recycling itself can cause environmental harm...As a result, the environmental costs of recycling may exceed any possible environmental benefits.

-
Lynn Scarlett, Reason Foundation and The National Center for Policy Analysis.
09/01/1991 | Full Details | Law(s): General: Recycling

The important question, however, is not the default rates on the mortgages made under the CRA. Whatever those rates might be, they were not sufficient to cause a worldwide financial crisis. Once these standards were relaxed--particularly allowing loan-to-value ratios higher than the 80 percent that had previously been the norm--they spread rapidly to the prime market and to subprime markets where loans were made by lenders other than insured banks.

-
Peter Wallison, AEI Online

By mandating an even higher minimum, the living wage prices even more people out of work. The people who push these cockamamie ideas never seem to ask why any employer would hire someone at $8.23 if that person's services are only valued in the marketplace at, say, $5.00.

-
Lawrence W. Reed. Mackinac Center for Public Policy.
05/03/1999 | Full Details | Law(s): Living Wage