3.17.2007

Minimum wage

Articles like this make me want to get a degree in economics. Then I could study out the whole issue for myself and, because of actually having an economics degree, have some credibility when arguing that government-mandated price (wage) floors are harmful and, in a word, stupid.

Or maybe upon studying the issue I would find that the minimum wage is actually a good thing. I would be surprised, though, because it makes so much sense logically to say that the minimum wage is a really bad thing.

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