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Quote by Antony Davies

“Consider how the minimum wage impacts workers with different educations. Over the past 30 years (on average) each ten-percentage point increase in the federal minimum wage as a fraction of the average U.S. wage rate has been associated with no increase in unemployment among workers with college degrees, a one and a half percentage point increase in unemployment among workers with high school diplomas, and a three and a half percentage point increase in unemployment among workers without high school diplomas. Politicians are picking winners and losers, but they are lying about whom they’ve picked.”

Quote by Antony Davies

Book:Cooperation and Coercion: How Busybodies Became Busybullies and What that Means for Economics and Politics
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Cooperation and Coercion: How Busybodies Became Busybullies and What that Means for Economics and Politics

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Antony Davies

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“Finally, the money to pay for an increased minimum wage must come from somewhere, and there are only four places from which it can come: other minimum wage workers, in the form of layoffs and reduced hours; higher wage workers, in the form of static or reduced compensation; investors, in the form of lower profits; or customers, in the form of higher prices. How much each of the groups pays for the minimum wage hike depends on how competitive the various marketplaces are.”

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Book:Cooperation and Coercion: How Busybodies Became Busybullies and What that Means for Economics and Politics
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“There are four things that an aristocrat should contribute to the modern world to countervail its ideological tendencies: the rejection of historical inevitability; the defense of the ethics of obligations; an acceptance of the body/soul dualism with the soul taking the dominant position; and a classical concept of shame. All of them are interrelated.”

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“Women in leadership are often questioned based on their gender, rather than the performance against the set agenda. That kind of mentality needs to shift in society. Women should be empowered to lead without the fear of being treated differently.”

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Book:Woman of Virtue: Power-Filled Quotes for a Powerful Woman
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