Tuesday, May 10, 2011

Unemployment is the Law

If you ever get annoyed
Look at me, I'm self employed
I love to work at nothing all day
--Bachman Turner Overdrive

Refreshing to see college students blogging about the downside of the minimum wage. Unfortunately, this learning must be done outside the classroom since it is rarely addressed in basic econ classes.

Minimum wage laws = compulsory unemployment.

1 comment:

dgeorge12358 said...

Why not let the prospective employee decide if he/she should accept the wage?