This article was published by The McAlvany Intelligence Advisor on Friday, August 5, 2016:
One can surmise from his instructions to believers in the church in Thessalonica: “When we were with you, we gave you this rule: Whoever will not work should not be allowed to eat.” What’s less clear is: what if government mandates keep one from working, or keep employers from hiring those willing to work?
St. Paul assumed that people had the freedom to contract out their labor, to sell the one primary thing they possessed: their time and effort in exchange for money. He also assumed that employers, given the opportunity, were free to hire someone who could add value to their businesses.
Minimum wage laws abrogate that essential freedom, with all manner of negative results. One,