What are peoples thoughts on this? In particular this quote: That is why Milton Friedman called minimum wages a form of discrimination against the low-skilled; and it is why he saw topping up the incomes of the working poor with public subsidies as a far more sensible means of alleviating poverty. What exactly is meant by public subsidies here? I didnt think Friedman was an advocate of taxation for this purpose. economist/news/leaders/21591593-moderate-minimum-wages-do-more-good-harm-they-should-be-set-technocrats-not Compare: object.cato.org/sites/cato.org/files/pubs/pdf/tbb_70.pdf
Posted on: Wed, 03 Sep 2014 12:51:43 +0000
Trending Topics
Recently Viewed Topics
© 2015