Ha-Joon Chang quote
Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances, minimum wages can be beneficial, as it makes workers more productive.
Ha-Joon Chang
Topics
Political, Free, Intervention, Beneficial, Market, Circumstances, Minimum, Minimum Wage, See, More, Economic, Free Market, Mere, Economists, Makes, Frequently, Wage, Wages, However, Legislation, Decent, Which, Workers, Certain, Productive, Show, Theories
Links
Cite this page: Citation
Quotes To Explore
We need to reject any politics that targets people because of race or religion. This isn't a matter of political correctness. It's a matter of understanding what makes us strong. The world respects us not just for our arsenal; it respects us for our diversity and our openness and the way we respect every faith.
Barack Obama
There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge.
Isaac Asimov