David Henderson on the Minimum Wage

by Don Boudreaux on October 27, 2014

in Reality Is Not Optional, Seen and Unseen, Video, Work

In this video for Prager University, EconLog’s David Henderson does a splendid job explaining that minimum-wage legislation harms the very people its well-meaning proponents mean to help.

Of course, not all of its proponents are well-meaning. As David explains in a section of his 2002 book, The Joy of Freedom, some minimum-age proponents are rent-seekers who profit unjustly when government prevents competitors from under-pricing them.


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