Audio Mises Wire

Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough

Audio Mises Wire
Frank Shostak

It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage. 

Original Article: “Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough

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