Corruption Quote by Mak_786

Cheap labor gives rise to corruption.

— Mak_786

“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

Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not…

— Gary Becker

In working on any one problem, such as higher minimum wages, so many other issues come into play, such as some businesses possibly closing…

— Philip Kotler

High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes…

— Steve Hanke

Illinois will only get economically healthy if we stop focusing on growing minimum wages and start focusing on growing everyone's wages.

— Bruce Rauner

Those who claim that they need cash because they are unable to pay labourers are those who are not paying minimum wages.

— Arundhati Bhattacharya

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

Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition.

— Milton Friedman

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity…

— Paul Krugman

The internal and external ethics of an organization must be the same; you cannot talk about minimum wages for poor people and not pay…

— Aruna Roy

I'm more concerned about maximum wages, not minimum wages.

— Greg Gianforte