Minimum Wages Reduce the Bargaining Power of Low-Skilled Workers

The real minimum wage is, and always has been, zero.

(Don Boudreaux) Tweet In my latest column for AIER, I do my best to bust the myth that low-skilled workers have too little bargaining power in a free market – and also to show that this bargaining power is reduced by minimum-wage legislation .

Source: Minimum Wages Reduce the Bargaining Power of Low-Skilled Workers