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Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough

Summary:
It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage.  Original Article: "Understanding Minimum Wage Mandates: Empirical Studies Aren't Enough" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. ...

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It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage. 

Original Article: "Understanding Minimum Wage Mandates: Empirical Studies Aren't Enough"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

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