Does the Minimum Wage Hurt Workers?
Do minimum wage laws actually hurt workers? Learn more: http://bit.ly/1HVAtKP The minimum wage sounds nice on the surface: workers earning $8 per hour would certainly be better off if they were earning $12 per hour instead.
But economics professor Antony Davies explains that this view of the minimum wage overlooks an important detail: The minimum wage does not force employers to pay a particular wage to every worker; it forces employers to pay a particular wage to every worker they choose to keep.
While the minimum wage may be well-intentioned public policy, it often huts the very workers most in need of our help.
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Видео Does the Minimum Wage Hurt Workers? канала Learn Liberty
But economics professor Antony Davies explains that this view of the minimum wage overlooks an important detail: The minimum wage does not force employers to pay a particular wage to every worker; it forces employers to pay a particular wage to every worker they choose to keep.
While the minimum wage may be well-intentioned public policy, it often huts the very workers most in need of our help.
SUBSCRIBE:
http://bit.ly/1HVAtKP
FOLLOW US:
- Website: https://www.learnliberty.org/
- Facebook: https://www.facebook.com/LearnLiberty
- Twitter: https://twitter.com/LearnLiberty
- Google +: http://bit.ly/1hi66Zz
LEARN LIBERTY
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
Видео Does the Minimum Wage Hurt Workers? канала Learn Liberty
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