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Monday, September 27, 2010

South Africa’s “Help” Hurts Low-Income Workers


“The sheriff arrived at the factory here to shut it down, part of a national enforcement drive against clothing manufacturers who violate the minimum wage. But women working on the factory floor — the supposed beneficiaries of the crackdown — clambered atop cutting tables and ironing boards to raise anguished cries against it.” (New York Times)

Destroying jobs is no way to fix an economy.

FEE Timely Classic
“Raising the Minimum Wage Will Do No Harm? It Just Ain’t So” by Richard B. McKenzie