Recently, unions have been encouraging fast food workers to hold out for a $15 an hour wage in Chicago and other cities. Proponents have argued that fast food employees deserve more than they have been getting, and that the pay boost will improve the economy. But if they succeed, a different effect could take place: the...

I grew up in Detroit, and as far back as I can remember my hometown was in trouble. But if there was a time when people just gave up on the place, it was probably October 30, 1984 — just a couple weeks after the Tigers won the World Series — when fires on “Devil’s...

As the Detroit bankruptcy unfolds, the attention has started to shift to other big cities such as Chicago. Detroit and Chicago differ in countless ways, but regardless of the disparities, one unfortunate characteristic is shared by both: they’ve been successful in scaring away entrepreneurs. Between 2010 and 2012, Detroit was tied with Philadelphia for dead...

Back in the late 1980s I lived in northwest Detroit (at Seven Mile and Lahser) and worked downtown. I remember a t-shirt slogan that was very popular at the time: “I’m so bad I vacation in Detroit.” It was fitting. The few tourists who visited downtown saw a rundown commercial district with few shops or...

This week, fast-food workers, retail employees and others have been protesting at McDonald’s restaurants and other fast-food restaurants and chain stores in Chicago and cities across the country. The protesters, who are being egged on and funded by the Service Employees International Union, or SEIU, and other union-affiliated groups, are demanding a $15-an-hour wage; a huge...

At the end of July, about 400 Illinois workers were notified that they might be losing their jobs in the next few weeks. Filings with the Illinois Department of Commerce and Economic Opportunity highlighted this number, which includes cuts at major companies throughout the state. According to the Chicago Tribune: Lake Forest-based Grainger Inc. said it...