Edgar the Exploiter
Written by Brian Garst, Posted in Economics & the Economy
This animated video provides an excellent illustration of the mechanics of minimum wage laws, while also demonstrating the importance of separating intentions from outcomes:
The creator of this video is currently raising funds for the next in the series.
And for another great video on the topic of minimum wage laws, you can also check out this CF&P Economics 101 video:
I serve as Vice President of the Center for Freedom and Prosperity, a non-profit think tank dedicated to preserving tax competition and free markets. This site features my personal views, which are not reflective of CF&P.