Thursday, May 22, 2014

Repeal the Minimum Wage; We’ve long known the economic case. The humanitarian case is even stronger.

Amity Schlaes   "The economic case against the minimum wage exists, and has been made by me and others often enough. But there’s another, even stronger case against the rule. That is the humanitarian case. And until that case, too, receives consideration, the debate will always be a lopsided one.

"Consider the current employment culture. Sit down with an employment officer at the company where you hope to work, and something feels strange. After a while, you realize what it is: The party on the other side of the desk is not a company executive, it is Jacqueline Berrien, the head of the EEOC. The process moves in similarly creepy fashion when you are the one offering the job ..."   More...

Amity Shlaes chairs the board of the Calvin Coolidge Presidential Foundation. 

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