Reason.com
New at Reason: John Stossel on the Unseen Costs of Minimum Wage Laws
The media are
never better at displaying their economic illiteracy than when they
report on the minimum wage, writes John Stossel. They assume that
if politicians declare that workers should get a raise, they will
actually get it. But the idea that government can increase wages by
decree with only good consequences rests on a serious economic
fallacy: that employers set wages arbitrarily.
Most Popular Stories
Reason RUPE: Public Opinion Survey
- Wisconsin: 65 Percent Believe Gov’t Workers Receive Better Retirement Benefits (5.29)
- Wisconsin: 69 Percent Favor 401(k)-Style Accounts for Government Workers (5.29)
- 17 Percent of Wisconsinites Favor Disbursing Retirement Benefits to Gov’t Workers Before Age 65 (5.29)
- Reason-Rupe: Wisconsinites Favor Increasing Public Union Retirement Contributions to Address Budget Deficit (5.25)
- Reason-Rupe Poll Finds Support for Public Union Reforms (5.25)
advertisements
Reason on Facebook
Reason on Twitter
Reason on YouTube
Reason RSSGet Reason E-mail Updates!
Manage your Reason e-mail list subscriptionsSite comments/questions:
Media Inquiries and Reprint Permissions:
(310) 367-6109
Editorial & Production Offices:
3415 S. Sepulveda Blvd.
Suite 400
Los Angeles, CA 90034
(310) 391-2245
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment or disable your ability to comment for any reason at any time.