Astonishing In Addition To Appalling

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Astonishing In Addition To Appalling

H5N1 Don Boudreaux missive of the alphabet to the Washington Post:
It’s both astonishing together with appalling that those who back upwardly mandated paid sick travel out ignore the fact that such a mandate volition crusade workers’ pay to autumn (“Maryland General Assembly approves paid sick leave,” Apr 5).  The provision of paid travel out is costly, together with employers volition encompass these mandated higher costs past times reducing the value of workers’ pay (as good every moment the value of fringe benefits other than paid leave).  The end upshot is that such a mandate forces workers to own got a larger component of their pay inwards the flat of paid sick travel out together with a smaller component inwards the flat of take-home pay together with of fringe benefits other than leave, such every moment employer contributions to pension funds.
Suppose that the regime were to mandate that employers give to each together with every employee an annual all-expenses-paid opor-garai to Maui.  Does anyone dubiousness that such a mandate would endure paid for, non past times employers, but past times employees inwards the flat of lower pay?  And would anyone dare suppose that all employees would endure made ameliorate off past times this mandate exactly because some employees would, inwards the absence of this mandate, pay for Maui vacations straight out of their ain pockets?
Only somebody together with hence economically illiterate every moment to believe that mandated annual all-expenses-paid vacations to Maui would non impairment nigh workers tin forcefulness out too seriously believe that mandated minimum position out of paid sick-leave days volition non impairment nigh workers.
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha together with Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA  22030
The higher upwardly originally appeared at Cafe Hayek


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