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“Minimum-Wage Rates” by Milton Friedman Newsweek, 26 September 1966 ©The Newsweek/Daily Beast Company LLC Congress has just acted to increase unemployment. It did so by raising the legal minimum-wage rate from $1.25
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Document Date: 2012-11-05 12:03:10

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Newsweek/Daily Beast Company LLC / /

Country

United Kingdom / /

Currency

USD / cent / /

IndustryTerm

machinery / minimum-wage law / /

Organization

Congress / Kennedy’s Council / /

Person

Kennedy / Glen Ridge / James Tobin / Thomas Horton / Robert Leeson / Charles Palm / Milton Friedman / /

Position

Economist / businessmen / president / /

ProvinceOrState

New Jersey / /

PublishedMedium

The Newsweek / /

Region

new England / /

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