Under no circumstances is our labor market a free market. Business interests are constantly lobbying to relax labor, immigration, and other laws that would benefit workers. If we had a free labor market, all compensation for every position would be public knowledge, and labor would have as much say in politics (including tax and trade agreements) as corporations do. Only delusional people would ever think that our labor market is a free market. It’s one of the most manipulated markets in our country.[/quote]
It’s as free as there is. Minimum wage is a manipulation, and it can’t create jobs. It only encourages the opposite.[/quote]
Minimum wage is less of a manipulation than “free trade” agreements or “immigration reform” laws that send work to foreign lands where there are few/no labor or environmental protections, or workers who have no protections to our country.
Minimum wage laws are less of a manipulation than intellectual property/patent laws.
Minimum wage laws are less of a manipulation than limited liability laws.