WALTER WILLIAMS & THOMAS SOWELL: The Minimum Wage

Economics Professors Walter E. Williams and Thomas Sowell discuss how the minimum wage is used to protect organized labour from the competition of unskilled labour.

Racist White Labour Unions in South Africa used the Minimum Wage to keep Blacks out of the workforce. The Minimum Wage creates unemployment. Listen to the discussion between these erudite gentlemen and learn some economics you won’t hear from politicians.

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About RightFromYaad

A view from "the Right", as a source of ideas to create a new vision of freedom and what it promises for Jamaicans, to counter the tyranny of the status quo of Jamaica's reality since 1962. Website: RightFromYaad.wordpress.com Email: rightfromyaad@gmail.com Twitter : @rightfromyaad Facebook: https://www.facebook.com/pages/Right-From-Yaad/244886608978438?ref=ts&fref=ts
Video | This entry was posted in Capitalism, Economics, Minimum Wage, Right From Yaad, Thomas Sowell Features/Articles, VIDEOS, Walter Williams Features/Articles and tagged , , , , , . Bookmark the permalink.

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