A Second Look: Abraham Lincoln on the “Mud-Sill” Theory of Labor

The movement to increase the minimum wage, and to tie it┬álegislatively┬áto the cost of living, is growing. The obscenity of low-wage employment among adults – full-time employment that does not offer a living wage – is increasingly apparent. As Arindrajit Dube pointed out in The New York Times: the evidence suggests that around half of […]

“Free Labor,” from Abraham Lincoln – in Wisconsin

Abraham Lincoln, in his so far unending prescience and wisdom, actually offered some thoughts on the nature of labor and capital in of all places Wisconsin – at the annual meting of the Wisconsin State Agricultural Society, in Milwaukee, on September 30, 1859. A brief passage from it, bolded below, is quoted often and can […]

Elections Are Short, Wrong Is Long

Analysts have regularly been anticipating the results of yesterday’s election with comparisons to 1994 and 1982, the midterm elections of Clinton’s and Reagan’s first terms. Here is another comparison. Elections to the United States House of Representatives were held in 1862, mostly in November, in the middle of President Abraham Lincoln’s first term. His Republicans […]