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Milton Friedman - Case Against Equal Pay for Equal Work

LibertyPen · lecture · Watch on YouTube

Microeconomics & behavioral economicsLabor, work & inequality

What it is

A short clip of Milton Friedman arguing with students that equal pay laws are counterproductive, and that markets penalize discrimination because cheaper equally productive workers are an advantage to hire.

Why Hacker News recommends it

Cited in debates over pay equity law as Friedman's free-market argument on discrimination.

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2016, last 2020

What HN commenters said

  1. “Milton explains it best”

    Friedman explains how markets penalize discrimination.

    patrickaljord, 2017-05 · Recommendation · in “I spent two weeks delivering for Uber Eats and made $4.40 per hour”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: milton friedman, discrimination, labor markets, free market, wages

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