Finally, there’s a nastier side to support for minimum wage laws, documented in my book Race and Economics: How Much Can Be Blamed on Discrimination? During South Africa’s apartheid era, racist labor unions were the country’s major supporters of minimum wage laws for blacks. Their stated intention was to protect white workers from having to compete with lower-wage black workers. Our nation’s first minimum wage law, the Davis-Bacon Act of 1931, had racist motivation. Among the widespread racist sentiment was that of American Federation of Labor President William Green, who complained, Colored labor is being sought to demoralize wage rates.” Walter Williams
Posted on: Thu, 16 Jan 2014 01:33:07 +0000
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