Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
H. Lee Scott, Jr., the CEO of Wal-Mart, surprised many by calling for an increase in the minimum wage. And what accolades were heaped on him! The company was even cast in a new role, from the exploiter of workers to the responsible advocate of pro-worker policies. And how selfless, for who has to pay such higher wages but companies like Wal-Mart?