October 18, 2013

Minimum Wages Hurt Black Teenagers


[From article]
It would be sheer lunacy to attempt to explain these more favorable employment statistics by suggesting that during earlier periods, blacks faced less racial discrimination. What best explains the loss of teenage employment opportunities are increases in minimum wage laws. There's little dispute within the economics profession that higher minimum wages discriminate against the employment of the least skilled worker. Such a demographic is disproportionately represented by black teenagers.

http://jewishworldreview.com/cols/williamns101613.php3#.UmC4F900jDo
   
Jewish World Review
Oct. 16, 2013/ 13 Mar-Cheshvan, 5774
Racial Trade-offs: Part II
By Walter Williams

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