In the latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), Orphe Divounguy, a graduate student from the University of Southampton in England, explains that minimum wage laws hinder the ability of low-skilled workers to get jobs.
read more...Ever wonder why unions care so much about the minimum wage when almost all union members get paid above that level? The answer is simply, but sleazy. As Walter Williams explains, they want to protect their high-pay status by increasing the cost of lower-skilled workers. For all intents and purposes, they are pricing poor people […]
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