If there was no minimum wage then there would be no unemployed. It would be legal to hire anyone who wanted to work at a rate that made the arrangement economically sustainable. And if govt didn't set square foot minimums then many more could afford to own or rent small homes as opposed to being homeless. Make work & affordable shelter illegal, while (as you pointed out) destroying the primary tool for trade & resourse allocation, & you end up with lots of waste, fewer people able to help, & a serious homeless problem all at the same time.
Login to reply
Replies (1)
Absolutely. Minimum wage actually makes it illegal to work for less than what the government requires. I have worked minimum wage jobs, gotten raises, and then watched as minimum wage increased. Prices went up, and my $2 raise put me right back to where I was before.
I wish more people understood the principle of homesteading, but that’s going to be a tough one. Even most libertarians would be appalled if you told them 100 acres isn’t rightfully their property because they’re not utilizing it. The only reason they can claim that property is from a piece of paper the government wrote for them. There are so many solutions to homelessness, but government intervention has proven to make it worse over and over again.