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The Racist History of Minimum Wage Laws

17 Apr

I remember reading Friedman’s column in 1996 when I was an undergraduate.  Began my journey to become an advocate of a laissez faire economy.  

“In 1966, Milton Friedman wrote an op-ed for Newsweek entitled ‘Minimum Wage Rates.’ In it, he argued ‘that the minimum-wage law is the most anti-Negro law on our statute books.’ He…”

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