Steve Hanke quote — “High mandated minimum wages will throw people out of work and onto the…”

Quote

High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes to welfare payments, they obey the laws of economics, too. Indeed, if something - like unemployment - is subsidized, more of it will be produced.

Steve Hanke

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I like writing, but I like a lot of things. Maybe out of those things, I'm best at writing. Maybe it's what I like best of all. Maybe it's where I've always felt most at home. Or m…

Jennifer Niven All the Bright Places writer writing

Financial inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their cont…

Sri Mulyani Indrawati