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Understanding Minimum Wage Mandates: Empirical Studies Aren't Enough

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Frank Shostak

Published : February 12th, 2021

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	It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage. Original Article: "Understanding Minimum Wage Mandates: Empirical Studies Aren't Enough" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Source : mises.org

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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.

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