--- title: "10 Wage Law Quotes by 8 authors" description: "Browse 10 Wage Law quotes by 8 authors. Discover the best Wage Law sayings and thoughts." image: "https://sms4smile.com/quotes/i/e84/milton-friedman-616_employers_a-minimum-wage-law-is-in-reality-a-law-t_1425203.png" --- > [A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.](https://sms4smile.com/quotes/milton-friedman/a-minimum-wage-law-is-in-reality-a-law-that-makes-it-illegal-for-an/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) [Image](https://sms4smile.com/quotes/i/e84/milton-friedman-616_employers_a-minimum-wage-law-is-in-reality-a-law-t_1425203.png) > [Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed incalculable harm on the disadvantaged members…](https://sms4smile.com/quotes/walter-e-williams/reduced-employment-opportunities-is-one-effect-of-minimum-wage/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) [Image](https://sms4smile.com/quotes/i/6e8/walter-e-williams-2709_disadvantaged_reduced-employment-opportunities-is-one_1362633.png) > [Working-class Americans have waited too long, close to a decade in fact, for an increase in the minimum wage. This has been…](https://sms4smile.com/quotes/bill-pascrell/working-class-americans-have-waited-too-long-close-to-a-decade-in/) [Bill Pascrell](https://sms4smile.com/quotes/author/bill-pascrell/) [Image](https://sms4smile.com/quotes/i/2a5/bill-pascrell-55819_class_working-class-americans-have-waited-too_1336945.jpg) > [I am convinced that the minimum-wage law is the most anti-Negro law on our statute books in its effect, not its intent.](https://sms4smile.com/quotes/milton-friedman/i-am-convinced-that-the-minimum-wage-law-is-the-most-anti-negro-law/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) [Image](https://sms4smile.com/quotes/i/a26/milton-friedman-616_book_i-am-convinced-that-the-minimum-wage-law_2503967.png) > [A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a…](https://sms4smile.com/quotes/jacob-g-hornberger/a-minimum-wage-law-a-law-that-prevents-employers-and-employees-from/) [Jacob G. Hornberger](https://sms4smile.com/quotes/author/jacob-g-hornberger/) [Image](https://sms4smile.com/quotes/i/d20/jacob-g-hornberger-22243_beneficial_a-minimum-wage-law-a-law-that-prevents-e_469195.jpg) > [Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of…](https://sms4smile.com/quotes/henry-hazlitt/yet-it-ought-to-be-clear-that-a-minimum-wage-law-is-at-best-a-limited-2/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) [Image](https://sms4smile.com/quotes/i/342/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_3104163.jpg) > [Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of…](https://sms4smile.com/quotes/henry-hazlitt/yet-it-ought-to-be-clear-that-a-minimum-wage-law-is-at-best-a-limited/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) [Image](https://sms4smile.com/quotes/i/edc/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_217929.jpg) > [Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut…](https://sms4smile.com/quotes/max-keiser/minimum-wage-law-is-the-people-s-fed-tie-minimum-wage-to-money-supply/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) [Image](https://sms4smile.com/quotes/i/00c/max-keiser-13075_labor_minimum-wage-law-is-the-people-s-fed-tie_896236.jpg) > [The minimum wage law very cleverly is misnamed. The real minimum wage is zero. That is what many inexperienced and low skilled…](https://sms4smile.com/quotes/thomas-sowell/the-minimum-wage-law-very-cleverly-is-misnamed-the-real-minimum-wage/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) [Image](https://sms4smile.com/quotes/i/c6a/thomas-sowell-247_employers_the-minimum-wage-law-very-cleverly-is-mi_1725194.jpg) > [A general flat minimum-wage law for all industry is permissible, but I do not think that it is a particularly wise method…](https://sms4smile.com/quotes/friedrich-august-von-hayek/a-general-flat-minimum-wage-law-for-all-industry-is-permissible-but-i/) [Friedrich August von Hayek](https://sms4smile.com/quotes/author/friedrich-august-von-hayek/) [Image](https://sms4smile.com/quotes/i/929/friedrich-august-von-hayek-141_achieve_a-general-flat-minimum-wage-law-for-all_1827499.jpg) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/wage-law/#itemlist", "name": "Wage Law Quotes", "numberOfItems": 10, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.", "creator": { "@type": "Person", "name": "Milton Friedman" }, "url": "https://sms4smile.com/quotes/milton-friedman/a-minimum-wage-law-is-in-reality-a-law-that-makes-it-illegal-for-an/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/e84/milton-friedman-616_employers_a-minimum-wage-law-is-in-reality-a-law-t_1425203.png", "contentUrl": "https://sms4smile.com/quotes/i/e84/milton-friedman-616_employers_a-minimum-wage-law-is-in-reality-a-law-t_1425203.png", "url": "https://sms4smile.com/quotes/i/e84/milton-friedman-616_employers_a-minimum-wage-law-is-in-reality-a-law-t_1425203.png", "width": 1080, "height": 1080, "caption": "“A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited…” — Milton Friedman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed incalculable harm on the disadvantaged members of our society. The only moral thing to do is to repeal it.", "creator": { "@type": "Person", "name": "Walter E. Williams" }, "url": "https://sms4smile.com/quotes/walter-e-williams/reduced-employment-opportunities-is-one-effect-of-minimum-wage/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6e8/walter-e-williams-2709_disadvantaged_reduced-employment-opportunities-is-one_1362633.png", "contentUrl": "https://sms4smile.com/quotes/i/6e8/walter-e-williams-2709_disadvantaged_reduced-employment-opportunities-is-one_1362633.png", "url": "https://sms4smile.com/quotes/i/6e8/walter-e-williams-2709_disadvantaged_reduced-employment-opportunities-is-one_1362633.png", "width": 1080, "height": 1080, "caption": "“Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed…” — Walter E. Williams", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "Working-class Americans have waited too long, close to a decade in fact, for an increase in the minimum wage. This has been the second longest period without a pay raise since the Federal minimum wage law was first enacted in 1938.", "creator": { "@type": "Person", "name": "Bill Pascrell" }, "url": "https://sms4smile.com/quotes/bill-pascrell/working-class-americans-have-waited-too-long-close-to-a-decade-in/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2a5/bill-pascrell-55819_class_working-class-americans-have-waited-too_1336945.jpg", "contentUrl": "https://sms4smile.com/quotes/i/2a5/bill-pascrell-55819_class_working-class-americans-have-waited-too_1336945.jpg", "url": "https://sms4smile.com/quotes/i/2a5/bill-pascrell-55819_class_working-class-americans-have-waited-too_1336945.jpg", "width": 1080, "height": 1080, "caption": "“Working-class Americans have waited too long, close to a decade in fact, for an increase in the minimum…” — Bill Pascrell", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "I am convinced that the minimum-wage law is the most anti-Negro law on our statute books in its effect, not its intent.", "creator": { "@type": "Person", "name": "Milton Friedman" }, "url": "https://sms4smile.com/quotes/milton-friedman/i-am-convinced-that-the-minimum-wage-law-is-the-most-anti-negro-law/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a26/milton-friedman-616_book_i-am-convinced-that-the-minimum-wage-law_2503967.png", "contentUrl": "https://sms4smile.com/quotes/i/a26/milton-friedman-616_book_i-am-convinced-that-the-minimum-wage-law_2503967.png", "url": "https://sms4smile.com/quotes/i/a26/milton-friedman-616_book_i-am-convinced-that-the-minimum-wage-law_2503967.png", "width": 1080, "height": 1080, "caption": "“I am convinced that the minimum-wage law is the most anti-Negro law on our statute books in its effect, not…” — Milton Friedman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.", "creator": { "@type": "Person", "name": "Jacob G. Hornberger" }, "url": "https://sms4smile.com/quotes/jacob-g-hornberger/a-minimum-wage-law-a-law-that-prevents-employers-and-employees-from/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/d20/jacob-g-hornberger-22243_beneficial_a-minimum-wage-law-a-law-that-prevents-e_469195.jpg", "contentUrl": "https://sms4smile.com/quotes/i/d20/jacob-g-hornberger-22243_beneficial_a-minimum-wage-law-a-law-that-prevents-e_469195.jpg", "url": "https://sms4smile.com/quotes/i/d20/jacob-g-hornberger-22243_beneficial_a-minimum-wage-law-a-law-that-prevents-e_469195.jpg", "width": 1080, "height": 1080, "caption": "“A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial…” — Jacob G. Hornberger", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages, and that the possible good to be achieved by such a law can exceed the possible harm only in proportion as its aims are modest. The more ambitious such a law is, the larger the number of workers it attempts to cover, and the more it attempts to raise their wages, the more likely are its harmful effects to exceed its good effects.", "creator": { "@type": "Person", "name": "Henry Hazlitt" }, "url": "https://sms4smile.com/quotes/henry-hazlitt/yet-it-ought-to-be-clear-that-a-minimum-wage-law-is-at-best-a-limited-2/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/342/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_3104163.jpg", "contentUrl": "https://sms4smile.com/quotes/i/342/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_3104163.jpg", "url": "https://sms4smile.com/quotes/i/342/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_3104163.jpg", "width": 1080, "height": 1080, "caption": "“Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of…” — Henry Hazlitt", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages, and that the possible good to be achieved by such a law can exceed the possible harm only in proportion as its aims are mode.", "creator": { "@type": "Person", "name": "Henry Hazlitt" }, "url": "https://sms4smile.com/quotes/henry-hazlitt/yet-it-ought-to-be-clear-that-a-minimum-wage-law-is-at-best-a-limited/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/edc/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_217929.jpg", "contentUrl": "https://sms4smile.com/quotes/i/edc/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_217929.jpg", "url": "https://sms4smile.com/quotes/i/edc/henry-hazlitt-2839_aim_yet-it-ought-to-be-clear-that-a-minimum_217929.jpg", "width": 1080, "height": 1080, "caption": "“Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of…” — Henry Hazlitt", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed's distortions available to all businesses and all workers.", "creator": { "@type": "Person", "name": "Max Keiser" }, "url": "https://sms4smile.com/quotes/max-keiser/minimum-wage-law-is-the-people-s-fed-tie-minimum-wage-to-money-supply/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/00c/max-keiser-13075_labor_minimum-wage-law-is-the-people-s-fed-tie_896236.jpg", "contentUrl": "https://sms4smile.com/quotes/i/00c/max-keiser-13075_labor_minimum-wage-law-is-the-people-s-fed-tie_896236.jpg", "url": "https://sms4smile.com/quotes/i/00c/max-keiser-13075_labor_minimum-wage-law-is-the-people-s-fed-tie_896236.jpg", "width": 1080, "height": 1080, "caption": "“Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this…” — Max Keiser", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "The minimum wage law very cleverly is misnamed. The real minimum wage is zero. That is what many inexperienced and low skilled people receive as a result of legislation that makes it illegal to pay them what they are currently worth to an employer.", "creator": { "@type": "Person", "name": "Thomas Sowell" }, "url": "https://sms4smile.com/quotes/thomas-sowell/the-minimum-wage-law-very-cleverly-is-misnamed-the-real-minimum-wage/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c6a/thomas-sowell-247_employers_the-minimum-wage-law-very-cleverly-is-mi_1725194.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c6a/thomas-sowell-247_employers_the-minimum-wage-law-very-cleverly-is-mi_1725194.jpg", "url": "https://sms4smile.com/quotes/i/c6a/thomas-sowell-247_employers_the-minimum-wage-law-very-cleverly-is-mi_1725194.jpg", "width": 1080, "height": 1080, "caption": "“The minimum wage law very cleverly is misnamed. The real minimum wage is zero. That is what many…” — Thomas Sowell", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "A general flat minimum-wage law for all industry is permissible, but I do not think that it is a particularly wise method of achieving the end. I know much better methods of providing a minimum for everybody. But once you turn from laying down a general minimum for all industry to decreeing particular and different minimum for different industries, then, of course, you make the price mechanism inoperative, because it is no longer the price mechanism which will guide people between industries and trades.", "creator": { "@type": "Person", "name": "Friedrich August von Hayek" }, "url": "https://sms4smile.com/quotes/friedrich-august-von-hayek/a-general-flat-minimum-wage-law-for-all-industry-is-permissible-but-i/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/929/friedrich-august-von-hayek-141_achieve_a-general-flat-minimum-wage-law-for-all_1827499.jpg", "contentUrl": "https://sms4smile.com/quotes/i/929/friedrich-august-von-hayek-141_achieve_a-general-flat-minimum-wage-law-for-all_1827499.jpg", "url": "https://sms4smile.com/quotes/i/929/friedrich-august-von-hayek-141_achieve_a-general-flat-minimum-wage-law-for-all_1827499.jpg", "width": 1080, "height": 1080, "caption": "“A general flat minimum-wage law for all industry is permissible, but I do not think that it is a…” — Friedrich August von Hayek", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/wage-law/#webpage", "url": "https://sms4smile.com/quotes/about/wage-law/", "name": "Wage Law Quotes", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/wage-law/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/e84/milton-friedman-616_employers_a-minimum-wage-law-is-in-reality-a-law-t_1425203.png" }, "description": "Browse 10 Wage Law quotes by 8 authors. Discover the best Wage Law sayings and thoughts.", "breadcrumb": { "@id": "https://sms4smile.com/quotes/about/wage-law/#breadcrumb" } }, { "@type": "BreadcrumbList", "@id": "https://sms4smile.com/quotes/about/wage-law/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Topics", "item": "https://sms4smile.com/quotes/categories/" }, { "@type": "ListItem", "position": 4, "name": "Wage Law Quotes", "item": "https://sms4smile.com/quotes/about/wage-law/" } ] }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```