The Minimum Wage Once Again:

In the view of these authors, the minimum-wage law is practically the best thing that has ever been invented, at least since sliced bread. They maintain that this legislation has led to greater, not less, employment, particularly for low-skilled workers, who might have been expected to lose their j...

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Main Author: Walter Block
Format: Article
Language:Portuguese
Published: Instituto Mises Brasil 2018-04-01
Series:Mises
Subjects:
Online Access:https://misesjournal.org.br/misesjournal/article/view/115
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spelling doaj-c06054aec29a440fb9bac7fce873eb4e2021-07-12T12:28:39ZporInstituto Mises BrasilMises2318-08112594-91872018-04-016110.30800/mises.2018.v6.115115The Minimum Wage Once Again:Walter Block0Loyola University In the view of these authors, the minimum-wage law is practically the best thing that has ever been invented, at least since sliced bread. They maintain that this legislation has led to greater, not less, employment, particularly for low-skilled workers, who might have been expected to lose their jobs, or not attain any in the first place, at least according to the traditional analysis of such laws. The present essay is an attempt to defend the view that this pernicious legislation creates unemployment for the poor, who are the least likely to be able to withstand its deleterious effects. https://misesjournal.org.br/misesjournal/article/view/115Minimum wageunemploymentproductivity
collection DOAJ
language Portuguese
format Article
sources DOAJ
author Walter Block
spellingShingle Walter Block
The Minimum Wage Once Again:
Mises
Minimum wage
unemployment
productivity
author_facet Walter Block
author_sort Walter Block
title The Minimum Wage Once Again:
title_short The Minimum Wage Once Again:
title_full The Minimum Wage Once Again:
title_fullStr The Minimum Wage Once Again:
title_full_unstemmed The Minimum Wage Once Again:
title_sort minimum wage once again:
publisher Instituto Mises Brasil
series Mises
issn 2318-0811
2594-9187
publishDate 2018-04-01
description In the view of these authors, the minimum-wage law is practically the best thing that has ever been invented, at least since sliced bread. They maintain that this legislation has led to greater, not less, employment, particularly for low-skilled workers, who might have been expected to lose their jobs, or not attain any in the first place, at least according to the traditional analysis of such laws. The present essay is an attempt to defend the view that this pernicious legislation creates unemployment for the poor, who are the least likely to be able to withstand its deleterious effects.
topic Minimum wage
unemployment
productivity
url https://misesjournal.org.br/misesjournal/article/view/115
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