“Magical Thinking about Minimum Wages”

“Magical Thinking about Minimum Wages”

 

"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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