Minimum Wage Laws and Unemployment

Let’s say we have a medicinal drug that will raise the pay of all low-income workers. If this cure for lower wages is successful, money will pour into the pockets of thousands of needy people! This could make their lives better boost the entire economy. The question is, how legitimate is this cure? Does it … Continue reading Minimum Wage Laws and Unemployment

Constitutionalism and Absolutism

Contrary to what most may think, Constitutionalism doesn’t necessarily involve a written document. The key idea of constitutionalism is limiting the power of the king. Constitutionalism is based in the fact that the authority of the government comes from some fundamental law. Constitutionalist thinkers usually said that political sovereignty resided in the people, not the … Continue reading Constitutionalism and Absolutism