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American Dream & Economics

Minimum Wage- Past & Present Perpectives You May Not Hear About

John Stossel - The Real World Effects of Minimum Wage

A must-watch and simple explanation and response to the issue of raising the minimum wage.

Milton Friedman talks about some minimum wage issues in 1980, who it benefits and follows with some lively debate.

Another must-watch and simple explanation and response to the issue of raising the minimum wage.

Williams with Sowell - Minimum Wage Maximum Folly

Minimum wage laws have been an effective means of creating unemployment and protecting unions from unskilled competition.

Milton Friedman on Minimum Wage
 Walter Williams on Minimum Wage
Milton Friedman on Donahue- talks about how minimum wage hurts teenagers to become productive members of society.
Walter Williams- Minimum Wage as a Racist Tool