Vernon Smith On The Cruelty of the Minimum Wage

by Don Boudreaux on October 23, 2015

in Seen and Unseen, Work

Here, in full, is a comment that my emeritus Nobel-laureate colleague, Vernon Smith, left on my recent Facebook post in which I shared an op-ed in opposition to minimum-wage legislation; Vernon here refers to proponents of the minimum wage:

Alas they know not the great damage they do to the entry-level poor who are denied a fair start.


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