A typical Boudreauxism: A weirdly framed rhetorical question that ignores, you know, historical evidence

March 13, 2012 § Leave a comment

“…if politicians have no magic wand to wave to make gasoline prices more desirable, why do they act as though they have a magic wand to wave to make the wages of low-skilled workers more desirable?  If government can perform no alchemy to change at will the market value of gasoline at the pump, why do so many people and politicians continue to fantasize that government – with the alchemy called “minimum-wage legislation” – can change at will the market value of low-skilled workers?”

http://cafehayek.com/2012/03/god-like-only-when-convenient.html

“Over 650 economists, including 5 Nobel prize winners and 6 past presidents of the American Economic Association, believe that increasing federal and state minimum wages, with annual cost-of-living adjustments for inflation, “can significantly improve the lives of low-income workers and their families, without the adverse effects that critics have claimed.”

http://www.epi.org/publication/minwagestmt2006/

Advertisements

What?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

What’s this?

You are currently reading A typical Boudreauxism: A weirdly framed rhetorical question that ignores, you know, historical evidence at - Invisible Backhand -.

meta

%d bloggers like this: