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What Would Happen if We Got Rid of the Minimum Wage?

What Would Happen if We Got Rid of the Minimum Wage?

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The Cato Institute'€™s James Dorn and the Hoover Institution'€™s Russell Roberts made this point at length during an Intelligence Squared debate last year in which they advocated doing away with minimum wages. '€œRight now there are people within a few blocks of where we are sitting who cannot find work simply because their skills are not worth $7.25 an hour,'€ Russell told the audience. '€œWhy would you condemn those men and women to a wage of zero?'€