Dear Students:
Two more VERY good essays on the minimum wage just came in, one pro, one con. Please add these to your list of required readings.
Krugman, Paul. 2013; “Raise that wage.”February, 18;http://www.nytimes.com/2013/02/18/opinion/krugman-raise- that-wage.html?_r=0
Wenzel, Robert. 2013. “The Wrong Way to Argue Against Minimum Wage Laws.” http://www.economicpolicyjournal.com/ 2013/02/the-wrong-way-to- argue-against-minimum.html
Second to the Rothbard piece below, the one by Wenzel is just about the best thing I’ve ever seen on this issue.Best regards,
Walter
Walter E. Block, Ph.D.
Harold E. Wirth Eminent Scholar Endowed Chair and Professor of EconomicsJoseph A. Butt, S.J. College of BusinessLoyola University New Orleans6363 St. Charles Avenue, Box 15, Miller Hall 318 New Orleans, LA 70118
The Rothbard article mentioned in Dr. Block's letter is here:
http://lewrockwell.com/rothbard/rothbard315.html
Tear it up, RW!
ReplyDeleteI predict that your speech at the Fed will outlive any of Krugman's works. Call it a hunch. ; )
Is that you, Igor??
DeleteRW, Big Time!!
Congrats!