re: Swiss voters reject minimum wage

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Switzerland is a wealthy country, enjoying above average rates of growth and employment and relatively short working hours.

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But unlike many advanced economies, it does not have a statutory national minimum wage. Pay is set in negotiations between companies and individuals, or with employee representatives -- sometimes across industrial sectors.

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So you mean to tell me a free market and competitive work environment leads to more wealth and more employment, spurring economic growth?

There is a shining beacon to look at over here, America. Take notes