Would there be a minimum wage?

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by Quinton on June 7th, 2016

Would it make sense to have a minimum wage in a free society? What are the pros and cons of a minimum wage?

 Filed under: Economics, Labor & Money, Minimum Wage

2 Comments

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Quinton: There is no minimum wage. All
Sun, 03/20/2016 - 11:16

There is no minimum wage. All minimum wage does anyway is price lower wage labor out of the market. If a job is worth $5/hr and an employer has to pay $10/hr then the $5/hr employees will lose their job. A minimum wage is a terrible thing for poor people and low skilled workers.

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Quinton: There would not be a minimum wage
Tue, 06/07/2016 - 11:23
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