Since 1938, when President Franklin Delano Roosevelt introduced the first federal minimum wage in the U.S., a debate has raged about whether wage floors help or hurt workers. But thanks to a radical economic experiment in California, we may be only a few years away from having a definitive answer. Continue Reading...
The following is a letter written in response to a post from my friend Brad Littlejohn on the topic of the minimum wage.
Dear Brad,
Thank you for your thoughtful and substantive engagement on the question of the minimum wage. Continue Reading...
In light of the latest hubbub over the minimum wage, I recently wrote that “prices are not play things,” arguing that we do ourselves and our neighbors no favors by trying to subvert and distort market signals according to arbitrary whims. Continue Reading...