Wednesday, August 28, 2013

Boudreaux has a Dream

And after reading George Mason University economics professor Don Boudreaux's dream on MLK's "Dream" Speech 50-year anniversary, I think it's my dream as well.  And it should be yours.  Here's part of his dream:
So let me offer some policy advice that I sincerely believe would, if followed, eliminate many injustices as well as lead to the creation of more and better jobs for people especially in need of jobs.  I have a dream that one day we will…
(1) … eliminate all minimum-wage legislation.  Government-enforced artificial hikes in employers’ costs of hiring low-skilled workers is a policy exactly the opposite of what is needed to create more and better jobs.
(2) … get government out of education.  Especially at the K-12 level where poor Americans have little school choice – and, hence, where competitive forces are inoperative – poor American children are victimized by Education bureaucrats and teachers’ unions.
This is destined to be a classic post for his blog, Cafe Hayek.  You need to read it.