Publisher's Synopsis
Excerpt from The Breakdown of Minimum Wage and a Memorandum on Unemployment
Another eminent economist, in private conversation, demurred to my criticism of economists for their silence and pointed me to his own published works. I do not deny that many economists have published what I con sider sound views, especially in their more recondite works. But I still think there has been an undue reti cence. The doctrine of minimum wage goes to the root of things, and I think economists are bound, if they cannot justify it, to disavow it to the public.
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