A financial/cultural analysis on the minimum wage debate, and then diving a bit deeper to call out some of the psychological behavior that is driving the debate.





Comments


Written by lyceum
3849 days ago

The minimum wage is not a valid concept. Who sets the min. level, on what grounds? No answer! How do "they" take the decision, do this? By force.

The true losers of min. wage, is the "poor" people, under the so-called min. level. Let the free market decide. Period.

Please listen to Yaron Brook's answer to this issue:

http://www.peikoff.com/2014/02/17/what-is-a-good-response-to-the-liberal-argument-that-raising-the-minimum-wage-would-get-a-lot-of-people-off-of-government-programs-such-as-food-stamps/



Written by LivFreeLivRich
3849 days ago

I concur with your sentiment.



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