Skip to content

What good does it do a black youth to know that an…

“What good does it do a black youth to know that an employer must pay him $2 an hour if the fact that he must be paid that amount is what keeps him from getting a job?” quote by Paul Samuelson
Download Open image
““What good does it do a black youth to know that an employer must pay him $2 an hour if the fact that he must be paid that amount is what keeps him from getting a job?””

Paul Samuelson

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The quote highlights how minimum wage laws can unintentionally reduce employment opportunities for the very groups they aim to protect.

In simple terms: Minimum wage may hurt job chances for black youth.

Key Takeaway

Consider policy impacts on target groups.

Themes

economics labor race policy employment

Mood

critical analytical

Type

policy economic social

When to use this quote

  • job seekers
  • policy makers
  • employers
  • advocates
  • students

Key Concepts

minimum wage unintended consequences labor market discrimination

Questions to Reflect On

  • How could alternative policies improve job access?
  • What trade‑offs exist between wage floors and employment?
A Different Perspective

Higher wages might increase labor costs, leading employers to hire fewer workers.

★ ★ ★ ★ ★ No ratings yet

More by Paul Samuelson

Explore all 75 Paul Samuelson quotes

More Amount quotes

Browse all 4,202 Amount quotes