Conservative economist Thomas Sowell will turn 94 on June 30, but his wit and wisdom remain as timely and necessary as ever. Take the case of a McDonald’s restaurant that’s been in an iconic San Francisco location for over 30 years. Then take one of Sowell’s most famous — and accurate — quotes: “Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force,” Sowell wrote…
