The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
Milton Friedman
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"Milton Friedman Quotes." Quoteslyfe.com, 2024. Mon. 23 Dec. 2024. <https://www.quoteslyfe.com/quote/The-real-tragedy-of-minimum-wage-laws-899786>.
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This page presents the quote "The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.". Author of this quote is Milton Friedman. This quote is about tragedy, poverty, minimum wage, groups, people, law, real, higher, want,.