It is taken for granted that workers should receive their pay partly in kind, in the form of medical care provided by the employer. How come? Why single out medical care? Surely food is no less essential to life than medical care. Why is it not at least as logical for workers to be required to buy their food at the company store as to be required to buy their medical care at the company store?
Milton FriedmanA minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
Milton FriedmanThe true test of any scholar's work is not what his contemporaries say, but what happens to his work in the next 25 or 50 years.
Milton Friedman