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by bluntfang 2239 days ago
>The Cato Institute is an American libertarian think tank headquartered in Washington, D.C.

I would be curious if there were any other organizations that came to the same conclusions.

1 comments

Sure, another example:

“... a number of American cities have passed “living wage” laws, which are essentially local minimum wage laws specifying a higher wage rate than the national minimum wage law. Their effects have been similar to the effects of national minimum wage laws in the United States and other countries—that is, the poorest people have been the ones who have most often lost jobs.”

- Thomas Sowell, referencing the Public Policy Institute of California’s “Scott Adams and David Neumark, “A Decade of Living Wages: What Have We Learned?” California Economic Policy, July 2005, pp. 1–23.”