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minimum-wage
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Thomas Sowell
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Basic Economics: A Citizen's
Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker's productivity worth that amount-and, if it is not, that worker is unlikely to be employed."
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Nick Hornby
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The Polysyllabic Spree
Clockers" asks--almost in passing, and there's a lot more to it than this--a pretty interesting question: if you choose to work for the minimum wage when everyone around you is pocketing thousands from drug deals, then what does that do to you, to your head and to your heart? {Hornby's thoughts after reading "Clockers" by Richard Price}
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