Commentary
In the view of most economists, a minimum wage law will raise the compensation of some unskilled workers, and unemploy others.
(L-R) House Education and Labor Chairman Bobby Scott (D-Va.), Speaker of the House Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles Schumer (D-N.Y.) attend an event to introduce the Raise The Wage Act in the Rayburn Room at the U.S. Capitol in Washington on Jan. 16, 2019. Chip Somodevilla/Getty Images
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Walter Block
Author
Walter E. Block is Harold E. Wirth Endowed Chair and Professor of Economics, College of Business, at Loyola University New Orleans.
