Building A Wage Floor: A Story of Origins
There are several (one, two & three, for example)
reasons to refrain from raising the minimum wage. Examining how a wage floor
first came about is to discover anew that (a) it’s rooted in paternalism, (b)
it’s insensitive to local concerns, and (c) it doesn’t help the poor, all
reinforcing that the minimum wage is bad policy.
