Executive Summary

Published in 1977 by the Hoover Institute, this monograph by Thomas Sowell examines legislation that would automatically escalate the minimum wage based on earnings elsewhere in the economy. 

This article is based on Dr. Sowell's statments before the Subcommittee on Human Resources, U.S. Senate Committee on Labor and Public Welfare, in Washington, D.C., August 3rd, 1977.

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Reprinted with the permission of Thomas Sowell