It seems like increasing the minimum wage is a never-ending discussion - particularly among the political class. The other day I came across this video of economist Milton Friedman describing why a minimum wage, and increasing it, is a bad idea. This video is about 30 years old and I was struck by how similar the issues were at that time as they are today.
While I can see both sides of this issue, I find Friedman's position and logic in the video very compelling. What do you think? Below is another short video that describes why some businesses may be more interested in supporting a minimum wage increase while others would be opposed.
Buy and Sell Well
Codiligent Business Brokers' blog on entrepreneurship, capitalism, and successfully buying and selling businesses.
Add blog to blog directory at OnToplist.com.