I just discovered this 1979 video of economist Milton Friedman discussing economics on the Phil Donahue show. In the first minute of this segment, he explains why a rising minimum wage is such a bad idea. Worth your time…
I just discovered this 1979 video of economist Milton Friedman discussing economics on the Phil Donahue show. In the first minute of this segment, he explains why a rising minimum wage is such a bad idea. Worth your time…
Love Milton Friedman! One of the reasons I got my undergrad in economics back in the 80’s!. Thanks for posting, hadn’t thought of him in a long time.
Awesome!