Tag: Minimum Wage

1374: Walter Block – Youth Unemployment & Minimum Wage

W1374: Walter Block - Youth Unemployment & Minimum Wage
In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010
In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010
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In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010
Normal Quality (3840×3840 284 KB)
In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010
In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010

In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010

1350: Mary Ruwart – Laws That Prevent Work

F1350: Mary Ruwart – Laws That Prevent Work
A young drug dealer once asked for a job on a public housing project in San Francisco. He approached Chris Albert, president of Willie Electric Company, hoping to get out of drugs and into legitimate work.
A young drug dealer once asked for a job on a public housing project in San Francisco. He approached Chris Albert, president of Willie Electric Company, hoping to get out of drugs and into legitimate work.
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A young drug dealer once asked for a job on a public housing project in San Francisco. He approached Chris Albert, president of Willie Electric Company, hoping to get out of drugs and into legitimate work.

Unfortunately, because of the high wages dictated by the minimum wage law, the contractor couldn’t afford to take a chance on an unskilled man with no job record. The young man came back two days later and begged to be employed at a lower wage. “I won’t tell the law,” he promised.
“I want to make a better life for me and for my mom, and for my little sisters and brothers.” Unwilling to risk legal problems, the contractor reluctantly refused.

Two days later the young man was shot and killed. Maybe he’d be alive today if the minimum wage laws had not prevented him from working instead of being on the streets.

—Mary Ruwart, Healing Our World

1193: Peter Schiff – Minimum Wage Laws Make it Harder to Find Work

W1193: Peter Schiff - Minimum Wage Laws Make it Harder to Find Work
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff
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Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff
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Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff
Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff

Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job. —Peter Schiff

1180: Walter Williams – Minimum Wage Laws are the Arsenal of Racists

W1180: Walter Williams - Minimum Wage Laws are the Arsenal of Racists
Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams
Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams
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Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams
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Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams
Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams

Minimum-wage laws are one of the most powerful tools in the arsenal of racists. —Walter Williams

1101: Isabel Paterson – Poverty Cannot Be Forbidden by Law

W1101: Isabel Paterson - Poverty and Laws
Poverty can be brought about by law; it cannot be forbidden by law. —Isabel Paterson
Poverty can be brought about by law; it cannot be forbidden by law. —Isabel Paterson

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Poverty can be brought about by law; it cannot be forbidden by law. —Isabel Paterson

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Poverty can be brought about by law; it cannot be forbidden by law. —Isabel Paterson

1040: Harry Browne – Freedom Offers a Hundred Choices

W1040: Harry Browne - Freedom Offers a Hundred Choices
Whatever the issue, let freedom offer us a hundred choices, instead of having government force one answer on everyone. —Harry Browne
Whatever the issue, let freedom offer us a hundred choices, instead of having government force one answer on everyone. —Harry Browne

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Whatever the issue, let freedom offer us a hundred choices, instead of having government force one answer on everyone. —Harry Browne

Normal Quality (1920×1372 284 KB)
Whatever the issue, let freedom offer us a hundred choices, instead of having government force one answer on everyone. —Harry Browne

Whatever the issue, let freedom offer us a hundred choices, instead of having government force one answer on everyone. —Harry Browne

Whatever the issue, let freedom offer us a hundred choices, instead of having government force one answer on everyone. —Harry Browne

1016: Henry Hazlitt – Minimum Wage Deprives Men of Work

F1016: Henry Hazlitt - Minimum Wage
You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn the amount that his abilities and situation would permit him to earn, while you deprive the community even of the moderate services that he is capable of rendering. —Henry Hazlitt
You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn the amount that his abilities and situation would permit him to earn, while you deprive the community even of the moderate services that he is capable of rendering. —Henry Hazlitt

Normal Quality (1682×1920 177 KB)
You cannot make a man worth a given amount by making it illegal for anyone to offer him anything less. You merely deprive him of the right to earn the amount that his abilities and situation would permit him to earn, while you deprive the community even of the moderate services that he is capable of rendering. —Henry Hazlitt