“Magical Thinking about Minimum Wages”

“Magical Thinking about Minimum Wages” June 28, 2017

 

"Economics in One Lesson" cover
Perhaps, if enough Americans had simply read this book, we would be doing a whole lot better, politically and economically, than we currently are.
(Cover image from Amazon.com)

 

I’ve sometimes thought that a course in basic economics ought to be required for graduation from American high schools.  This article does nothing to convince me that it wouldn’t be a good idea:

 

http://www.nationalreview.com/article/449025/seattle-minimum-wage-hike-hurts-low-wage-workers-study-obvious-economic-result-left

 

Posted from just north of Sicily

 

 


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