Minimum Wage and Jobs – Quote by Murray Rothbard

„Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.“

Murray RothbardMurray Rothbard criticizes the minimum wage and points to its possible effects on jobs and the labor market.
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Murray Rothbard was an American economist, historian, and political philosopher known for his contributions to libertarian theory and anarcho-capitalism.

A pointed economic-policy comment criticizing minimum wage laws and their possible effects on the labor market.


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Murray Rothbard quote about minimum wage laws and jobs

Murray Newton Rothbard (1926–1995) was an American economist, historian, and political philosopher considered one of the leading figures in anarcho-capitalism and the libertarian movement. He was a prominent critic of government intervention in economy and society and authored numerous influential works on free market economics, monetary theory, and political philosophy.

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