Minimum-Wage Legislation Came From a Bad Place
()
Here’s a letter to the New York Post:
Editor:
John Thorpe’s case for repealing the Davis-Bacon Act is persuasive (“Ditch this Jim Crow-era mandate that hurts minorities most,” May 31). But he errs when he writes that “unlike minimum-wage laws, prevailing-wage mandates didn’t even come from good intentions.”
In fact, minimum-wage statutes were just as ill-intentioned as was Davis-Bacon’s prevailing-wage mandate. As Princeton economist Thomas Leonard reports about early 20th-century progressives who lobbied for minimum wages,
By pushing the cost of unskilled labor above its value, a minimum wage worked on two eugenic fronts. It deterred immigrants and other inferiors from entering the labor force, and it idled inferior workers already employed. The minimum wage detected the inferior employee, whether immigrant, female or disabled so that he or she could be scientifically dealt with.*
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030* Thomas Leonard, Illiberal Reformers (Princeton: Princeton University Press, 2016), page 151.
]]>
Source: https://cafehayek.com/2023/05/minimum-wage-legislation-came-from-a-bad-place.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.