Ahnold Needs to Re-Read “Free to Choose,” New Mexico Politicians Should Also Pick up a Copy

It looks like California may be the next state to succumb to “minimum wage madness,” only this time, the Governator, supposedly a big fan of Milton Friedman and his book “Free to Choose” looks to be in on the plan to not only raise the state’s minimum wage, but to index it to inflation. In “Free to Choose,” which was published in 1980 when the federal minimum wage was much higher relative to wages, Friedman wrote “The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws.”
New Mexicans can’t do much about California’s misguided politicians, but perhaps we should all send our legislators copies of Friedman’s book?

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