This graphic is an excellent illustration of how the minimum wage actually works. Despite what its proponents may claim, the minimum wage cannot lift people out of poverty. Instead, it will bury them even deeper by making them unhirable, a commodity whose value has fallen below the artificial price floor enacted by the state. … Read this article
This article was originally written for the 2015 Idaho Liberty Expo.
At first glance, a minimum wage might seem like a good idea. People need money to live; more money should help them live better, right? Of course, concepts involving economics (to say nothing of humans) are never really that simple. … Read this article
Economics is not everyone's forte and that's OK. The problem comes when those who are wholly ignorant of the subject attempt to impose their ignorance upon the rest of us via well-meaning but dangerously illogical campaigns to ignore economic realities and radically hikes the minimum wage. … Read this article
The minimum wage is a government-imposed price floor on the commodity known as unskilled labor. … Read this article