Minimum Wage, Minimal Benefits

Abby McCloskey, National Review, January 16, 2014

"But it’s far from widely agreed that the minimum wage is a good policy tool. Opponents believe that higher mandated wages will cause employers to fire some workers, or not hire additional ones. Proponents argue that these disemployment effects are small. But this debate misses the key point: Even if the minimum wage works as its advocates claim, it is a highly ineffective anti-poverty tool."

Source: http://www.nationalreview.com/article/3685...