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The Great Ludwig

March 24, 2005
... Erhard, that is, somehow overlooked to provide Germany with a minimum-wage law. So, this Wired article reports, a Web site encouraging candidates to bid low to get jobs have to adhere to the site-specific "minimum wage" of 3 Euros per hour, which is lower than the statutory minimum in the United States. Among the reasons given in the article against such a slave market as this is that the wages actually earned will be so low that they will not be taxed, thus denying society "any" contribution from said labor. Truly, it takes all kinds of reasons to oppose labor whose productivity justifies its cost.

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