2min chapter

The Genius of Thomas Sowell cover image

Sowell's views on Minimum Wage Laws

The Genius of Thomas Sowell

CHAPTER

The Importance of Minimum Wage Laws

There's a proposal right now to raise the minimum wage to $15. What do you think would be a reasonable minimum wage? It depends on the state, really. Possibly in California, I would say maybe 18 to 20 dollars. But it should be a little bit of living wage,. Or on average, if you look at a median wages of the country, somehow to deflate that into a minimum wage or such.Or 2000 dollars a week.

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