Mark J. Perry

Mark J. Perry is a scholar at the American Enterprise Institute and a professor of economics and finance at the University of Michigan’s Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.

Mark J. Perry's Articles

It's the Birthday of the Sage of Baltimore

H.L. Mencken was born in 1880 and is regarded by many as one of the most influential American journalists, essayists and writers of the early 20th century.

- September 12, 2016

Give Walmart the Nobel Peace Prize!

Walmart is truly great for low-income Americans, and has single-handedly done more to lift more low-income people out of poverty than any charitable organization or government agency in the world.

- August 21, 2016

Capitalism Is About the Rest of Us, Not the Wealthy

"The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within reach of factory girls."

- August 17, 2016

What a National $15 Minimum Wage Actually Means in Your State

A $15 minimum wage for Washington, DC, creates the equivalent of a $20 minimum when it's imposed on Mississippi.

- August 09, 2016

Following Minimum Wage Increases, Unemployment Spikes among Black Male Teens

The jobless rate for black male teens increased by 12% between the months of May and June this year. One possible explanation is the increase in minimum wage.

- July 11, 2016

What’s a Degree in _____ Worth?

A new interactive website offers surprisingly transparent answers about cost and return on investment. 

- June 27, 2016

New Homes Today Have Twice the Square Feet per Person as in 1973

The average new house today is 1,000 square feet larger than it was 40 years ago. 

- June 07, 2016

Do CEOs Make 335 Times More Than Average Workers?

This statistic is "reported" every year by the AFL-CIO, through a weird and contrived methodology.

- May 27, 2016

Venezuela's Slow Motion Apocalypse

Venezuela's economy is no longer "on the brink." It is well over the edge.

 

- May 18, 2016

California's Statewide $15 Minimum Wage Will Horribly Backfire for Poorer Cities

If $15 is an "appropriate" minimum wage for San Francisco, it ought to be less than $11 in places like Yuba City.

- April 28, 2016

18 Spectacularly Wrong Prophecies from the First Earth Day

“It is already too late to avoid mass starvation,” declared Denis Hayes, the chief organizer for Earth Day, in 1970.

- April 22, 2016

An Economist's 10 Objections to the Minimum Wage

The minimum wage has major logical, ethical, and economic problems.

- December 11, 2015

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