Will robots take over low wage, low skilled jobs, displacing millions? Consider this critical thinking about a very real problem -- impacting humanity for hundreds of years. What if a minimum wage does more harm than good?
When you understand the economics of business, you'll see how much more can be done when everyone gets an equal starting point. That starting point is zero, the great unifier where we can all come and go in an economy.
When there is no minimum wage any skill level can start acquiring experience. Your understanding of this concept helps you accept less to gain more. Teach this concept to children to help them understand the value of chores.
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