...Lukman Raimi; Fairul Rizal Rashid Purpose This study aims to investigate the relationship between entrepreneurship and unemployment in an oil-led emerging economy. Specifically, it examines whether political stability and government effectiveness moderate the bidirectional relationship between...

... application of basic supply and demand economic analysis. Findings The authors found that when a minimum wage of any given level is imposed, those with productivities below that level are at great risk of unemployment. For example, with a minimum wage of $10 per hour, those who can only produce...

... of the unemployment effects of minimum wage laws. The main method(s) used for the research are empirical and theoretical. Findings The results point to laissez‐faire capitalism as the last best hope for the poor, whether in third world countries or in advanced economies. If the minimum wage were ended...