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" If, therefore, the X industry is driven out of existence by a minimum wage law, then the workers previously employed in that industry will be forced to turn to alternative courses that seemed less attractive to them in the first place. "

Henry Hazlitt , Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics


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Henry Hazlitt quote : If, therefore, the X industry is driven out of existence by a minimum wage law, then the workers previously employed in that industry will be forced to turn to alternative courses that seemed less attractive to them in the first place.