June 18, 2009
U.K. Minimum Wage Kills Apprenticeships
Moves to investigate offering the minimum wage to apprentices have prompted a mixed reaction from the sector, as organisations delivering apprenticeship programmes claim they would no longer be able to afford to do so.

Source.

Posted by E. Frank Stephenson at 09:50 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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