Workers who make the least are hit hardest by short-sighted minimum wage hikes As economist Murray Rothbard once put it, there is only one way to describe a minimum wage law: “It is compulsory unemployment.” If the activist group The Committee to Raise the Minimum Wage in Nevada gets their way, Nevadans will see exactly what Rothbard warned against. The group has filed a … [Read more...] about The Minimum Wage is not Just Anti-Business – It’s Anti-Worker as Well
Minimum-Wage
Minimum-Wage Hikes: The Path to Poverty for Poor People
Presumably, State Senator Tick Segerblom thinks his proposal to increase the minimum wage to $15-per-hour in Nevada would be beneficial. After all, it sounds appealing to double the pay of fast-food workers and other entry-level workers with one wave of the government’s mandate wand. As businessmen and women know firsthand, however, there’s a big difference between good … [Read more...] about Minimum-Wage Hikes: The Path to Poverty for Poor People