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Sowell's views on Minimum Wage Laws

The Genius of Thomas Sowell

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The Problem With Wealth Inequality

The number of dollars involved are just not very large. They almost certainly don't come from the people in the top 1% of the wealth distribution. Wealth distribution is heavily driven by age and assumptions about social security value. The minimum wage is it's not a policy to solve inequality that gets thrown on there, even by economists who should know better.

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