Every year the number of regulations, dictates, rules, decrees, guidelines, statutes, laws, and bylaws in the United States grows by leaps and bounds.
Imagine that the government creates the Furniture and Desk Association, an agency which declares that only IKEA is allowed to sell chairs.
Editor’s Note: This is an open letter from Prof. Howard Baetjer to a friend who commented on one of his Facebook posts about minimum wage laws. Baetjer and his friend, Adam, look at the minimum wage issue from very different perspectives, so Baetjer wrote an open letter. What do you think about the issue? Check […]