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re: EBC Book #1 - Economics in One Lesson by Henry Hazlitt
Posted on 6/23/17 at 3:02 pm to RickySauwce
Posted on 6/23/17 at 3:02 pm to RickySauwce
I think that's the right idea, yes.
1
Posted on 6/24/17 at 11:06 am to RedStickBR
Chapter 18 on minimum wage laws is also fantastic:
quote:
You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. In brief, [all you will accomplish by establishing a price floor (minimum wage) is to substitute the low wage with new unemployment.]
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