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Monthly Archives: September 2011
Minimum Wage, Minimum Rights
Minimum wage laws should be abolished. They are morally indefensible because they cause more harm than good. They are economic foolishness because they thwart the price signal that lets workers and employers arrive at the optimal price for labor. First, … Continue reading
Posted in Economics, Hidden Tax, Politics, Unintended Consequences
Tagged economics, minimum wage, politics
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