LAU: For less discrimination, more capitalism
Article content Try refreshing your browser, or In a free market, the unions reasoned, employers who refused to hire black workers would have to pay more for labour, and so discrimination would be costly. But the minimum wage law effectively stripped black workers of the option of offering to work for lower wages and thus punishing employers who discriminate against them. This was a win for unionized white workers who therefore faced less competition for jobs. History is replete with many other such examples of the benefits of free markets in cu...