By artificial I mean "different from a market outcome".
There is quite clearly an asymmetry in information and market power between Wal-Mart and individual employees.
This will inevitably lead to artificially low wages.
So raising them with a law will return them to a free market level, where free market implies complete information, interchangeable goods and services, and lack of market power
There is quite clearly an asymmetry in information and market power between Wal-Mart and individual employees.
This will inevitably lead to artificially low wages.
So raising them with a law will return them to a free market level, where free market implies complete information, interchangeable goods and services, and lack of market power