Quote by: Ha-Joon Chang

Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances, minimum wages can be beneficial, as it makes workers more productive.


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Author Bio


  • NameHa-Joon Chang
  • DescriptionEconomist
  • BornOctober 7, 1963
  • CountrySouth Korea
  • ProfessionEconomist