- Cafe Hayek - http://cafehayek.com -
Bonus Quotation of the Day…
Posted By Don Boudreaux On October 18, 2013 @ 1:20 pm In Crony Capitalism,Seen and Unseen,Work | Comments Disabled
The minimum wage is really northern legislation by which we in the north have tried to protect ourselves against competition from low-wage industries in the South. If I were a southerner, this would bother me a great deal; it bothers me a bit even so.
If you look at the roll-call votes in the Congress on increases in the minimum wage under the Fair Labor Standards Act, you will find a solid regional alignment – the northerners are always for increases, whether they are Republicans or Democrats, and the southerners, almost all Democrats, are always against it.
See also pages 111-114 of David Henderson’s splendid 2002 volume, The Joy of Freedom .
Article printed from Cafe Hayek: http://cafehayek.com
URL to article: http://cafehayek.com/2013/10/bonus-quotation-of-the-day-20.html
URLs in this post:
 Albert Rees: http://harris.princeton.edu/pubs/pdfs/506.pdf
 here: http://www.chicagobooth.edu/~/media/A7021F32F09542A7A544C84154D43E83.PDF
 The Joy of Freedom: http://www.amazon.com/Joy-Freedom-Economists-Odyssey/dp/0130621129/ref=la_B001IZ1HAS_1_3?ie=UTF8&qid=1353851273&sr=1-3
 Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fbonus-quotation-of-the-day-20.html&Title=Bonus%20Quotation%20of%20the%20Day...
 Tweet: https://twitter.com/share
Copyright © 2011 CafeHayek.com. All rights reserved.