The compassion of unions towards the minimum waged

24 Jan 2017 1 Comment

by Jim Rose in labour economics, minimum wage, poverty and inequality, unemployment, unions Tags: , ,

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Source: page 451 and page 828 of the 3rd edition (1972) of University Economics by Armen Alchian and William Allen; the first part of the quotation is Question #30 at the end of Chapter 22. via Bonus Quotation of the Day… – Cafe Hayek

1 Comment (+add yours?)

  1. Living Soils
    Jan 24, 2017 @ 04:46:20

    Typical corporate rants usually go like this if you read between the lines. “If minimum wage rises, shareholders wont make as much. Screw the guy at the bottom, the boss needs more money.”

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