Quote unquote: Milton Friedman on the anti-black nature of minimum wages
By Alex Singleton on Apr 21, 2007 in Economics
“The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws. We regard the minimum wage law as one of the most, if not the most, antiblack laws on the statute books.” - Milton Friedman, Free to Choose
