by Don Boudreaux on April 29, 2010
A.G. (who asks me to use, in this post, only his initials) is a regular reader of Cafe Hayek. He’s 28 years old and is an entrepreneur in Charlotte, North Carolina. His firm employs 25 people, 21 of whom are low-skilled workers. A.G. just sent this memo to his employees:
To All Team Members:
The schedule for next week has been posted. You may notice that hours have been cut back on your schedule. This is across the board, not just you. I don’t want anyone to think they’ve done something wrong to deserve a cut in hours, so I wanted to explain why it’s happening.
There are a couple of reasons for this:
Go here and read the whole thing.