Economic Progressivism's Failures: From Minimum Wages to the Welfare State...

Progressivism’s Failures: From Minimum Wages to the Welfare State | Eben Macdonald

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The empirical evidence shows that neither minimum wages or welfare reduce poverty. In fact, minimum wages tend to increase the cost of living while poverty rates have gone nowhere since the Great Society was introduced.

Original Article: Progressivism’s Failures: From Minimum Wages to the Welfare State

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

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