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Milton Friedman’s conclusion was, “The rise in the legal minimum-wage rate is a monument to the power of superficial thinking.” Using non-technical language and a dialogue format, this book explains the problems with a high “living” minimum wage and the misleading minimum wage arguments. The author has a Ph.D. in Economics from the University of Maryland at College Park and has taught economics in the United States, Europe and Asia.
Genre: Non-Fiction, Business and Economics, Economics, Labor Economics