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Labor Economics from a Free Market Perspective
There is perhaps no greater cognitive dissonance thari that which exists between the view that economists and non economists have about the minitniini wage law. According to the latter; most recently articulated by President Clinton in an attempt to raise the level of coverage from $5.15 to $6.15, this law is all that stun& betweri pQorer working Americans and a continued loss in the purchasing power of their salaries. However; as the present paper points out, this is a stlare arid a delusion.doi:10.1142/9789812790798_0012 fatcat:njrzd3x42vf2tcz7jn3yzyd5pi