3. Minimum Wage

Tags: Interventionism, Production Theory, Money and Banks

07/28/2005 Walter Block

Minimum wage laws are not only counterproductive, but they make situations worse. All voluntary mutual trade benefits all. Minimum wages and union legislation make it difficult if not impossible for poor youth to get jobs.

Lecture 3 of 10 from Walter Block’s Radical Austrianism, Radical Libertarianism.

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