Minimum Wage Debate

June 21st, 2006 by Max

Those interested in the minimum wage debate again happening in Congress should read this article by Kevin Sohr and Walter Block from the journal Freeman:Ideas in Liberty.  In sum, they find:

The impact [of the minimum wage] will continue to be to hurt poor, young, black, and unskilled workers…the economic evidence overwhelmingly indicates that the minimum wage destroys jobs.

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One Response to “Minimum Wage Debate”

  1. Josef K Says:

    I skimmed it and get your point.

    I’m now to the point where states should make the decision - preferably based on reasonable statistics rather than rhetoric.

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