US politics: populist threat
Article Abstract:
Pat Buchanan's views could affect US share prices due to his emphasis on job insecurity and attacks on big business. Companies are concerned that they will not be able to shed labor freely and that this could hit profits by pushing up costs. There is also concern that less interest is being shown in balancing the US budget during the presidential campaign of 1996, and that the new Congress may display a greater level of protectionism after the election.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Why investors should fear a minimum wage
Article Abstract:
Opponents of a minimum wage argue that it increases unemployment since companies shed workers to pay for the wage. Research by Alan Krueger and David Card, two Princeton economists, shows that this may not occur. Higher wages may boost morale and productivity and reduce labor turnover. Higher wages may also force companies to be more efficient. Companies hiring workers have some degree of monopoly power and this affects the impact of a minimum wage.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Mergers made in hell. US economy: US rate hopes dampened. To Emu or not to Emu
- Abstracts: The gilts market after Mr Clarke. UK economy: a Clarke boomlet. Britain moves into a money muddle
- Abstracts: Fig-leaf for GEC chief. Success, in all its forms. Money spinners
- Abstracts: Euro-phoria gives gilts a boost. UK gilts: lagging behind
- Abstracts: Everybody's doing it. Quality counts. Rivals club together