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"On The Historically Racist Motivations Behind Minimum Wage" https://www.forbes.com/sites/carriesheffield/2014/04/29/on-the-historically-racist-motivations-beh
by fortran77 3y ago
"On The Historically Racist Motivations Behind Minimum Wage"
https://www.forbes.com/sites/carriesheffield/2014/04/29/on-the-historically-racist-motivations-behind-minimum-wage/?sh=295e798811bb https://www.forbes.com/sites/carriesheffield/2014/04/29/on-t...
- hellojesus 3y agoI was unaware of the racial motivation. Interesting insight. However the point is exactly why it is bad policy. At any minimum wage, the government has structurally unemployed anyone that can't provide value at or greater than the minimum wage. It's basic economics.