I read a piece in Cafe Hayek a while back, lamenting the rise in the US minimum wage. I left a short quotation: "Qu'ils mangent de la brioche."
I didn't expect much response, even though Americans owe one of their most famous symbols and (in part) their very Revolutionary victory to the French. But I had a glance at the comment thread this morning and there was indeed a riposte:
"Jonah Golberg wrote a really good editorial on this about four years back. Good stuff and good Economics & History lesson, too!"
Can the realtor (estate agent) who posted this, and the salaried economics professor who hosted it, be right? Are the working American poor really so feather-bedded by their £3-something per hour earnings? Does anyone have a different Economics & History lesson?
Does even the slightest concern for the poor make me (the son of a refugee from the murderous ravages of the Red Army in East Prussia) a no-good pinko Commie son-of-a-gun?
I shall read my newly-acquired Sloman's "Essentials of Economics" and then I'll know the answer.