Mises Daily
Author:
Paul Poirot
Online Publish Date:
[April 1955] The Republican president of the United States believes that no person should be allowed or required to work for less than 90 cents an hour. The Democratic governor of New York urges raising the minimum wage to $1.25 from its present level of 75 cents. Except for such differences in detail, fixing a minimum wage by law has come to be