The Effect of the Minimum Wage on Unskilled Labor
Journal of Leadership and Management
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Title |
The Effect of the Minimum Wage on Unskilled Labor
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Creator |
Riebesell, Valentin; College of Business, Loyola University New Orleans, USA Lalani, Robert; College of Business, Loyola University New Orleans, USA Block, Walter E.; Walter E. Block, Ph.D. Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics, College of Business, Loyola University New Orleans, 6363 St. Charles Avenue, Box 15, Miller Hall 318, New Orleans, LA 70118, USA email: wblock@loyno.edu |
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Description |
The efect of the minimum wage on unskilled labor is not a very good one. To the contrary, it creates unemployment, and eventually excludes them almost entirely from the labor market. is is a tragedy, in that this cohort can least a ord the ravages of unemployment. is is not the rst article ever written about the aws in the minimum wage law. However, we do cast aspersions on it that are anything but widespread in the literature.Keywords: minimum wage law, unemployment, economic regulation, rights violation
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Publisher |
Journal of Leadership and Management
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Contributor |
—
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Date |
2017-12-29
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://leadership.net.pl/index.php/JLM/article/view/112
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Source |
Journal of Leadership and Management; Vol 1, No 9-10 (2017): Journal of Leadership and Management
2391-6087 |
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Language |
eng
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Relation |
http://leadership.net.pl/index.php/JLM/article/view/112/74
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Rights |
Copyright (c) 2017 Author & JLM
http://creativecommons.org/licenses/by-nc-sa/4.0 |
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