- Cafe Hayek - http://cafehayek.com -

Minimum Wage: No Laughing Matter

Posted By Don Boudreaux On October 9, 2013 @ 8:18 pm In Seen and Unseen,Work | Comments Disabled

My former research assistant at GMU Econ, Mark Perry (whose blog Carpe Diem is a must-read), re-runs today two superb and insightful cartoons on the minimum wage by the great Henry Payne [1]. ┬áThese cartoons contain far more wisdom and realism about legislated minimum wages than are revealed not only by the typical politician who bellows ignorantly about “fairness” and “helping working Americans,” but also by some (although not a majority) of economists who spin fine, airy, and esoteric theoretical tales of how, on the chalkboard or in a set of PowerPoint slides, government’s refusal to allow low-skilled workers to take jobs at wages below ‘the minimum’ might maybe possibly perhaps, under just the right circumstances, help low-skilled workers.

Be Sociable, Share!
  • [2]
  • [3]
  • [4]
  • [5]
  • [6]

Comments

comments


Article printed from Cafe Hayek: http://cafehayek.com

URL to article: http://cafehayek.com/2013/10/minimum-wage-no-laughing-matter.html

URLs in this post:

[1] My former research assistant at GMU Econ, Mark Perry (whose blog Carpe Diem is a must-read), re-runs today two superb and insightful cartoons on the minimum wage by the great Henry Payne: http://www.aei-ideas.org/2013/10/by-far-the-2-best-cartoons-about-the-minimum-wage-ever/

[2]

  • : http://twitter.com/intent/tweet?text=Minimum%20Wage%3A%20No%20Laughing%20Matter%20-%20http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html%20

    [3]

  • : https://mail.google.com/mail/?view=cm&fs=1&to&su=Minimum%20Wage%3A%20No%20Laughing%20Matter&body=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&ui=2&tf=1&shva=1

    [4]

  • : http://www.stumbleupon.com/submit?url=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&title=Minimum%20Wage%3A%20No%20Laughing%20Matter

    [5]

  • : http://www.google.com/reader/link?url=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&title=Minimum%20Wage%3A%20No%20Laughing%20Matter&srcURL=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&srcTitle=Cafe+Hayek+where+orders+emerge

    [6] Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&Title=Minimum%20Wage%3A%20No%20Laughing%20Matter

    [7]

  • : http://www.myspace.com/Modules/PostTo/Pages/?u=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&t=Minimum%20Wage%3A%20No%20Laughing%20Matter

    [8]

  • : http://reddit.com/submit?url=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&title=Minimum%20Wage%3A%20No%20Laughing%20Matter

    [9]

  • : http://news.ycombinator.com/submitlink?u=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html&t=Minimum%20Wage%3A%20No%20Laughing%20Matter

    [10]

  • : http://sphinn.com/index.php?c=post&m=submit&link=http%3A%2F%2Fcafehayek.com%2F2013%2F10%2Fminimum-wage-no-laughing-matter.html

    [11] Tweet: https://twitter.com/share

  • Copyright © 2011 CafeHayek.com. All rights reserved.