Thinking has become so emotional and so politically biased on the subject of wages that in most discussions of them the plainest principles are ignored. People who would be among the first to deny that prosperity could be brought about by artificially boosting prices, people who would be among the first to point out that minimum price laws might be most harmful to the very industries they were designed to help, will nevertheless advocate minimum wage laws, and denounce opponents of them, without misgivings. bastiat.mises.org/2014/01/hazlitt-explains-minimum-wage-laws/
Posted on: Wed, 29 Jan 2014 17:28:00 +0000
Trending Topics
Recently Viewed Topics
© 2015