Thursday, January 04, 2007

The Minimum Wage

While I'm far less qualified than Peter to comment on this, George Will's take on the subject in today's WaPo didn't sit well with me:
But the minimum wage should be the same everywhere: $0. Labor is a commodity; governments make messes when they decree commodities' prices.
As Kevin Drum points out, "this, in a nutshell, is the core problem with conservative economics: it views workers as commodities. Naturally it follows from this that we should be free to treat workers like commodities, rather than as human beings." Any thoughts Pete?

Posted by Kingston

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