pull down to refresh
45 sats \ 0 replies \ @Rothbardian_fanatic 10 Dec \ parent \ on: Minimum Wage Laws Can't Repeal the Laws of Economics econ
The one thing that rankles me about the minimum wage is the denial of people’s desires to work, when they can, but cannot clear the hurdle of marginal labor costs. They really do get left out of society that way and have no way of even getting on the ladder, let alone climbing it. However, unions love the minimum wage, it lets them campaign for much higher wages because of it.