Minimum wage Quote by David Horowitz

The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it…

— Milton Friedman

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…

— Jacob G. Hornberger

The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out…

— Arthur Laffer

Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.

— Murray Rothbard

Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances,…

— Ha-Joon Chang

Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages,…

— Henry Hazlitt

A minimum wage leads to higher levels of unemployment.

— Steve Hanke

Businesses generally deal with minimum wage increases by finding efficiencies in their business practices or slightly increasing prices if they have to, not cutting…

— David Rolf

“hat are the effects of increasing minimum wages?” asks Paul Krugman. “Any Econ 101 student can tell you the answer: The higher wage reduces…

— Don Watkins

Giving a minimum wage reduces inequality significantly.

— Winnie Byanyima

Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed incalculable harm on the disadvantaged members of our…

— Walter E. Williams

For many young people, the minimum wage is a stepping stone to higher employment levels.

— Bruce Rauner