Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough


It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage. 

Original Article: “Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 



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