That's why it surprised me when Larry Kudlow, President Trump's top economic adviser, said we shouldn't have a minimum wage. To me that is shocking. So, in effect, he is saying a employer can pay three or four dollars per hour and the worker--and society--should be satisfied with that.
It would be interesting to see how many economists would side with him. Not many, I think. Hell, I think even the late Milton Friedman would burst out laughing at Kudlow.
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