By corbettreport There's something strange about the idea of a minimum wage. It's one of those subjects that everyone has a strong opinion about, even if they have no idea what makes actual economic sense. But perhaps the most surprising thing of all is that the minimum wage has a dirty secret that most economists don't want you to know about. Today we explore The Dark … [Read more...] about The Dark History of the Minimum Wage
Minimum Wage
What Greece And Venezuela Can Teach Us About Minimum Wage Laws
By Jon Miltimore States across America are increasing the minimum wage. This is bad policy for numerous reasons, but the movement nonetheless appears to be gaining steam. Eighteen states began 2019 with new minimum wage laws. Several more passed legislation in 2019, including Maryland, where legislators overrode a veto to pass a $15 minimum wage. McDonald’s, perhaps … [Read more...] about What Greece And Venezuela Can Teach Us About Minimum Wage Laws