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Economics Video Link

Weird Ideas About Welfare and Minimum Wage

The minimum wage is one of the dumbest, most short-sighted policies there is. It is worse than other price controls because human labor is almost universally required for the production of all goods.

Yet so many people have weird ideas about wages and how they are determined that the vast majority of people think there is nothing wrong with this highly destructive policy.

Available on Odysee and Bitchute.

Update: Now also available on YouTube.

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