With much silly talk now again ascendant in support of raising the minimum wage artificially and cruelly handicapping the lowest-skilled of low-skilled workers as they compete for employment, it’s a good time to again hear a truly great economics educator explain the matter. Here’s my late, great colleague Walter Williams.
Walter Williams Explains the Simple (Il)Logic of Using Minimum Wages to Help Poor Workers
Share
Previous post: Economics in the Style of Adam Smith
Next post: Minimum Wages are Economically (and Ethically) Indefensible
