Quote of the Week

Milton Friedman on the minimum wage,

[T]he effects have been concentrated on the groups that the do-gooders would most like to help. The people who have been hurt most by the minimum wage laws are the blacks. I have often said that the most anti-black law on the books of this land is the minimum wage law.

— quoted in Mark J. Perry, “Raising Minimum Wage Would Be Disastrous…

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