by Don Boudreaux on December 13, 2022

in Seen and Unseen, Work

How many are the people who earnestly call for modern society to encourage greater “inclusion,” yet who also support minimum-wage legislation? I suspect that the number of such people is large.

These people obviously miss what should be, but apparently isn’t, obvious – namely, by criminalizing the ability of low-skilled workers to compete for employment by offering to work at wages below the legislated minimum, minimum-wage legislation is the opposite of “inclusive.” Such legislation excludes from the above-ground job market workers with the lowest skills.

Progressives – who today (unlike in the past) are blinded by economic ignorance to the victims of Progressive legislation – applaud themselves for their imagined magnanimity in supporting minimum wages. Unfortunately, though, the victims are real; these victims are excluded from the economy.

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