The Problem with the Minimum Wage

And a better alternative

In an era of divisive politics, the minimum wage is an easy sell. Why not force employers to pay people more? They can afford it, the saying goes. Raising the minimum wage and sticking it to the “man” makes a great political soundbite, but in reality, it’s a blunt instrument that does little to aid the poor. It may even leave them worse off.

They Can …