The Moral and Economic Case Against the Minimum Wage #FightAgainst15

by | Jan 18, 2021

Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers… a minimum wage, of course, does not guarantee any worker’s employment; it only prohibits, by force of law, anyone from being employed at the wage which would pay his employer to hire him. It therefore compels unemployment.

Murray N. Rothbard
For a New Liberty, p. 196

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Keith Knight

Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute, host of the Don't Tread on Anyone podcast and editor of The Voluntaryist Handbook: A Collection of Essays, Excerpts, and Quotes.

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