MCViewPoint

Opinion from a Libertarian ViewPoint

The Minimum Wage Disaster – LewRockwell

Posted by Martin C. Fox on February 8, 2017

https://lewrockwell.com/2017/02/walter-e-williams/minimum-wage-disaster/

In 1925, the South African Economic and Wage Commission said, “The method would be to fix a minimum rate for an occupation or craft so high that no Native would be likely to be employed.” 
The same reason US progressives instituted our minimum wage laws.

IF the reason for today’s minimum wage theatrics are different, the result always has been the same.


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