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Detailed text transcripts for TV channel - FOXNEWS - 20150104:06:05:00

That sound awful. child labor might be awful but prohibiting it is an aweful lot worse. listen, we don t make people better off when we take away their their least bad onion. children only work in the sweatshops because the families are desperately poor and trying tora feed, clothe and shelter the family. if you ban sweatshops, you don t get rid of poverty. you eliminate one option that makes it not quite as bad as itte would be otherwise. john: no laws against isn t. when we were developing we had virtually no laws against it. the process of economic development took care of itself. in the united states we didn t have a national child labor law until 1938. the child labor laws followed the economic development. this completely makes sense from political economy. labor agitated for rules for year. big business lobbied against it. t once the process of competition raised standards including no more child labor businesses didn t lobby against it anymore and governments adopted laws.s ....

Child Labor , John Stossel , Isn T , Tora Feed , Child Labor Law , Child Labor Laws , Lawss John , Big Business ,

Detailed text transcripts for TV channel - FOXNEWS - 20150103:22:05:00

That sound awful. child labor might be awful but prohibiting it is an aweful lot worse. listen, we don t make people better off when we take away their their least bad onion. children only work in the sweatshops because the families are desperately poor and trying tora feed, clothe and shelter the family. if you ban sweatshops, you don t get rid of poverty. you eliminate one option that makes it not quite as bad as itte would be otherwise. john: no laws against isn t. when we were developing we had virtually no laws against it. the process of economic development took care of itself. in the united states we didn t have a national child labor law until 1938. the child labor laws followed the economic development. this completely makes sense from political economy. labor agitated for rules for year. big business lobbied against it. t once the process of competition raised standards including no more child labor businesses didn t lobby against it anymore and governments adopted laws.s ....

Child Labor , John Stossel , Isn T , Tora Feed , Child Labor Law , Child Labor Laws , Lawss John , Big Business ,