by Dan Mitchell | Jul 24, 2019 | Blogs, Economics, Minimum Wage
Two months ago, I pointed out that San Francisco’s housing crisis was a “learnable moment” because some folks on the left actually now understand the negative consequences of government intervention. Now I’m wondering if we might actually have a learnable moment on...
by Dan Mitchell | May 30, 2019 | Blogs, Economics, Minimum Wage
A couple of years ago, I praised federalism in part because state and local governments would be less likely to adopt bad policy (such as higher minimum wages) if they understood that jobs and investment could simply migrate to jurisdictions that didn’t adopt bad...
by Dan Mitchell | Mar 24, 2019 | Blogs, Economics
Time for a confession. I don’t particularly enjoy writing columns about the minimum wage because it’s such a slam-dunk issue. Simply stated, it is cruel and illogical when politicians mandate wage levels that are higher than the productivity of low-skilled workers....
by Dan Mitchell | Jan 15, 2019 | Uncategorized
How many times can you say the same thing over and over and over again? When it comes to the minimum wage, we may never know the answer. No matter how often new research is produced showing that low-skilled workers are hurt when politicians cut off the bottom rungs of...
by Dan Mitchell | Oct 15, 2018 | Big Government, Blogs, Economics
Politicians can interfere with the laws of supply and demand (and they do, with distressing regularity), but they can’t repeal them. The minimum wage issue is a tragic example. If lawmakers pass a law mandating wages of $10 per hour, that is going to have a very bad...
