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Minimum Wage, Maximum Damage: How the Minimum Wage Law Destroys Jobs, Perpetuates Poverty, and Erodes Freedom Paperback – April, 2004

3.2 out of 5 stars 6 customer reviews

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Editorial Reviews

About the Author

Associate Professor of Economics and Political Science at Georgia Perimeter College in Lawrenceville, Georgia. Has taught the principles of economics classes since 1979. Great Ideas for Teaching Economics, at text supplement and website from HarperCollins, includes nine of his submissions.

As a Fellow of the Institute for Humane Studies, his commentaries were published in The Cleveland Plain Dealer, The Witchita Journal, and The Justice Times, as well as other newspapers. His articles have also been published in The Atlanta Journal and Constitution, The Gwinnet Business Chronicle, Creative Loafing, and The Margin Magazine.

Cox has served as a member of the Academic Board of Advisors for the Georgia Public Policy Foundation and is currently on the Board of Scholars for the Virginia Institute for Public Policy.

He is the author of The Concise Guide to Economics, a short, non-technical and highly readable reference book for those just beginning their study of economics.

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Product Details

  • Paperback: 40 pages
  • Publisher: Advocates for Self-Government (April 2004)
  • ISBN-10: 0975432621
  • ISBN-13: 978-0975432624
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #5,864,387 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Kindle Edition
I read this book with an open mind and it certainly dispelled some of the myths I believed when it came to the minimum wage. Consider this more of a primer rather than an exhaustive treatise. There are plenty of references pointing you to more in-depth information if you're interested in pursuing the subject further. Definitely a must-read for anyone interested in economics.
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Don't waste your money!
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Format: Kindle Edition
Let's look at the history of salary in America. For this we have to go back to the Great Depression (1930-1940), immediately following the major Wall Street Crash of 1929. It is well understood now that The Crash was fabricated, (J*wish bankers and stock brokers walking out the back door with suitcases full of cash)! Our elders still remember going to the bank and being offered 20 cents on the dollar! What would you do if your bank account was worth 80% less than it was yesterday? This left millions of people with nothing to eat and foreclosed houses, with people standing in soup lines. What did the nice J*wish president FDR do about this? He set up programs like the Tennessee Valley Authority (1933)and the Civilian Conservation Corps (CCC), which hired people for no pay (food only). Who would take such a deal? If you're starving to death, you will work for just food. This is called 'slave labor' in which there is ZERO SALARY! This was also military pre-training (it was hosted by the US Army) for young men who were going to be drafted for the coming WWII. They had no idea how they were being manipulated by the JNWO. After seven years of rebuilding the infrastructure of America FOR FREE, suddenly there were no more projects. Luckily FDR and Churchill were able to fabricate the US involvement in WWII (Pearl Harbor was a set-up by US and British higher-ups). Suddenly every available male in the US is signing up to kill Germans and Japs for a huge sum of about $1 per day (which is equivalent to about $2/hour in today's money...i.e. the continued definition for 'slave labor.' Only in this case, for their $2 they had to get their *sses shot off! So what does this mean today? Minimum Wage (the definition of a 'living wage', i.e.Read more ›
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