Hitting the Links March 30, 2015March 30, 2015 TLD academia, academic freedom, capitalism, community, culture, race, sowell Thomas Sowell on the ‘living wage’. The idea of arbitrarily raising minimum wages without regard to market forces or the real value of labour is a perfect encapsulation of activism conducted without regard to consequences. Low-wage jobs are like the on-ramp of earnings success: the steeper the ramp, the more people get stuck at the bottom. Here’s The New York Times with a great piece on the withering of thought in contemporary universities. A dissident voice commenting on American race-relations. Thoughtful, but also comes with a language warning. Share this:TwitterFacebookEmailLike Loading...