The minimum wage law very cleverly is misnamed. The real minimum wage is zero. That is what many inexperienced and low skilled people receive as a result of legislation that makes it illegal to pay them what they are currently worth to an employer.
Thomas SowellBeing willing to donate the taxpayers' money is not the same as being willing to put your own money where your mouth is.
Thomas SowellIn short, killing the goose that lays the golden egg is a viable political strategy, so long as the goose does not die before the next election and no one traces the politiciansโ fingerprints on the murder weapon.
Thomas SowellIf the battle for civilization comes down to the wimps versus the barbarians, the barbarians are going to win.
Thomas SowellEconomics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
Thomas Sowell