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Banning “Assault Weapons” Will Not Save Lives – Article by Corey Iacono

Banning “Assault Weapons” Will Not Save Lives – Article by Corey Iacono

The New Renaissance HatCorey Iacono

Last weekend, America regrettably witnessed one of the deadliest mass shootings in the country’s history at a gay nightclub in Orlando, Florida, in which 49 people were murdered and over 50 injured. The atrocity was carried out by a fanatic who pledged allegiance to the Islamic State, using a civilian semi-automatic rifle, the Sig Sauer MCX. (Early reports that it was an AR-15 were mistaken.)

In the wake of this attack, many people have laid the blame on America’s relatively lax gun laws, arguing that so-called “assault weapons” (more appropriately known as semi-automatic rifles) and high-capacity magazines should be banned from civilian use.

They note that many of the deadliest shootings in American history have involved rifles like the AR-15, and they propose that such rifles should be banned to prevent heinous crimes like the Orlando massacre from occurring in the future.

Homicides Dehomogenized

But while it may be true that many mass shootings involved semi-automatic rifles, these events are rare. In fact, the latest data (2014) from the FBI show that all types of rifles were only confirmed to have been used in 248 homicides, down from 351 in 2009. Given the total number of homicides (11,961), rifles were confirmed to have been used in only two percent of murders.

You’re more likely to be stabbed, strangled, or beaten to death with bare hands than killed by someone with a rifle.

It’s impossible to know the true number of murders involving “assault weapons,” because the term is so nebulous, and because the FBI only looks at the categories of rifle, shotgun, and handgun. There are also nearly 2,000 gun murders in which the type of firearm used is unknown. But a rough estimate of 328 homicides with all rifles (extrapolated from rifle’s share of gun murders where the type of weapon is known) is probably close to the truth.

To be very generous to the assault weapon ban argument, let’s assume that all of these 328 murders were done with assault weapons. That would imply that such weapons were involved in less than three percent of all homicides in the United States, at most.

Such deaths are as terrible as any murder, but it is also true that knives, blunt objects, and hands/feet were confirmed to have been used in 1,567, 435, and 660 murders respectively. You are much more likely to be stabbed, strangled, or beaten to death with bare hands than killed by someone with a rifle, and the chances of being killed with an “assault-type rifle” are necessarily lesser still.

Bans Don’t Work

There is also little evidence that these weapons bans have worked in the past. From 1994 to 2004, Congress banned the manufacture, sale, or transfer of a large number of “assault weapons” (including some handguns and high-capacity magazines). An assessment study commissioned by the Department of Justice in 2004 found no evidence that the ban had had any effect on gun violence and concluded that “should it be renewed, the ban’s effects on gun violence are likely to be small at best and perhaps too small for reliable measurement.”

Violent ideologues will not be deterred from their paths of destruction by minor inconveniences.

Research by economist Mark Guis of Quinnipiac University revealed no evidence that either state or federal “assault weapons” bans reduced firearm-homicide rates. Carlisle E. Moody of the College of William and Mary found no evidence that the federal ban on high-capacity magazines had any effect on homicide rates.

Regarding terrorist attacks like the one in Orlando, it’s not clear, even in retrospect, that they would be prevented by more restrictive gun control measures. Stringent gun laws in California and France failed to prevent the recent massacres in San Bernardino and Paris. People driven to violence by ideology will not be easily deterred from their paths of destruction by minor inconveniences; it is simply naïve to believe that smaller magazines or not having a folding stock would have stopped them.

In any event, keeping in mind the horrors that mass shootings entail, “assault weapons” are not even connected to a significant amount of crime in the United States. Even if confiscating and banning them completely erased homicides with committed with them, and the perpetrators didn’t substitute them with other legally available firearms, the effect on homicide rates would be statistically very small.

Many Americans simply don’t believe that some of the most popular rifles in America (overwhelmingly owned for legal and peaceful reasons) should be banned or that tens of millions of Americans’ rights should be infringed upon for so little to show for it. If you care about violence in America, you shouldn’t waste your time on the red herring of “assault weapons.”

Corey Iacono

Corey Iacono is a student at the University of Rhode Island majoring in pharmaceutical science and minoring in economics. He is a Foundation for Economic Education (FEE) 2016 Thorpe Fellow.

This article was originally published on Read the original article.

Low-Skilled Workers Flee the Minimum Wage – Article by Corey Iacono

Low-Skilled Workers Flee the Minimum Wage – Article by Corey Iacono

The New Renaissance HatCorey Iacono

What happens when, in a country where workers are free to move, a region raises its minimum wage? Do those with the fewest skills seek out the regions with the highest wage floors?

New minimum wage research by economist Joan Monras of the Paris Institute of Political Studies (Sciences Po) attempts to answer that question. Monras theoretically shows that there should be a close relationship between the employment effects of raising the minimum wage and the migration of low-skilled workers.

When the demand for local low-skilled labor is relatively unresponsive (or inelastic) to wage changes, raising the minimum wage should lead to an influx of low-skilled workers from other states in search of better-paying jobs. On the other hand, if the demand for low-skilled labor is relatively responsive (or elastic), raising the minimum wage will lead low-skilled workers to flee to states where they will more easily find employment.

To test the model empirically, Monras examined data from all the changes in effective state minimum wages over the period 1985 to 2012. Looking at time frames of three years before and after each minimum wage increase, Monras found that

  1. As depicted in the graph below on the left, those who kept their jobs earned more under the minimum wage. No surprise there.
  2. As depicted in the graph below on the right, workers with the fewest skills were having an easier time finding full-time employment prior to the minimum wage increase. But this trend completely reversed as soon as the minimum wage was increased.
  3. A control group of high-skilled workers didn’t experience either of these effects. Those affected by the changing laws were the least skilled and the most vulnerable.


These results show that the timing of minimum wage increases is not random.

Instead, policy makers tend to raise minimum wages when low-skilled workers’ real wages are declining and employment is rising. Many studies, misled by the assumption that the timing of minimum wage increases is not influenced by local labor demand, have interpreted the lack of falling low-skilled employment following a minimum wage increase as evidence that minimum wage increases have no effect on employment.

When Monras applied this same false assumption to his model, he got the same result. However, to observe the true effect of minimum wage increases on employment, he assumed a counterfactual scenario where, had the minimum wages not been raised, the trend in low-skilled employment growth would have continued as it was.

By making this comparison, Monras was able to estimate that wages increased considerably following a minimum wage hike, but employment also fell considerably. In fact, employment fell more than wages rose. For every 1 percent increase in wages, the share of a state’s population of low-skilled workers in full-time employment fell by 1.2 percent. (The same empirical approach showed that minimum wage increases had no effect on the wages or employment of a control group of high-skilled workers.)

Monras’s model predicts that if labor demand is sensitive to wage changes, low-skilled workers should leave states that increase their minimum wages — and that’s exactly what his empirical evidence shows.

According to Monras,

A 1 percent reduction in the share of employed low-skilled workers [following a minimum wage increase] reduces the share of low-skilled population by between .5 and .8 percent. It is worth emphasizing that this is a surprising and remarkable result: workers for whom the [minimum wage] policy was designed leave the states where the policy is implemented.

These new and important findings reinforce the view that minimum wage increases come at a cost to the employment rates of low-skilled workers.

They also pose a difficult question for minimum wage proponents: If minimum wage increases benefit low-skilled workers, why do these workers leave the states that raise their minimum wage?

Corey Iacono is a student at the University of Rhode Island majoring in pharmaceutical science and minoring in economics.

This article was published by The Foundation for Economic Education and may be freely distributed, subject to a Creative Commons Attribution 4.0 International License, which requires that credit be given to the author.