Minimum Wage - Thomas Sowell

This quote was added by graciouslion
Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker's productivity worth that amount-and, if it is not, that worker is unlikely to be employed.

Train on this quote


Rate this quote:
3.3 out of 5 based on 10 ratings.

Edit Text

Edit author and title

(Changes are manually reviewed)

or just leave a comment:


Test your skills, take the Typing Test.

Score (WPM) distribution for this quote. More.

Best scores for this typing test

Name WPM Accuracy
hackertyper492 149.70 97.2%
user871724 145.48 96.2%
jiggalee 132.97 94.4%
theprivateeye 120.94 96.6%
strikeemblem 114.58 97.4%
iltranscendent 113.21 98.0%
user686308 112.83 98.7%
rivendellis 109.32 94.2%
nickbiiybwalley 107.12 96.4%
roops 105.33 98.5%

Recently for

Name WPM Accuracy
ploshqueme 62.24 95.4%
npabs 102.63 96.2%
user646963 57.19 96.4%
user85658 70.58 97.0%
rrapattoni 84.60 97.2%
mgraham 81.87 92.3%
mikethegreat13 53.40 96.8%
sweenburg007 73.56 93.4%