Why Minimum Wage is Bad for Workers | Thomas Sowell

The Minimum Wage is often seen as a tool to help low-income workers, and there are constant demands to raise the minimum wage. But a careful look at the issue indicates that the minimum wage actually hurts the very workers it's supposed to help, and raising it can make workers worse off.

Thomas Sowell explains the effects of the minimum wage on workers and the economy as a whole, and why the minimum wage hurts workers.

This is an excerpt from the book 'The Thomas Sowell Reader'.

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