Minimum Wage

The Negative Effects of the Minimum Wage

Various state legislators and interest groups around the United States are pushing for increases in the minimum wage. In California, for example, even Republican Gov. Arnold Schwarzenegger now advocat…

The Minimum Wage Is Bad Policy

The concept of a minimum wage seems straightforward: If we believe the wages of some workers are too low, we should pass a law requiring those wages to be higher. What could be simpler? The problem is…

Health Insurance and the Minimum Wage

Political support is growing in Congress for another increase in the federal minimum wage. Bills now under consideration would raise the minimum hourly wage by $1, from $5.15 to $6.15, in two steps ov…

Minimum Wage Teen-age Job Killer

Congress appears likely to raise the minimum wage again this year, probably from $5.15 per hour to $6.15 over three years. This will be the second minimum wage increase passed by the Republican Congre…

Don't Raise the Minimum Wage - The Bar Is Already Too High

There are two ways to think about the minimum wage. The first - but misleading - is how much workers are going to get paid. The second - and correct - is how much people must be able to earn if they a…

The Complex Dynamics Of Raising The Minimum Wage

Both proponents and opponents of a federally mandated increase in the minimum wage are framing the issue in the wrong terms.

The Minimum Wage Trap

With the exception of the Card-Krueger findings, virtually every major study that has ever been done has found significant job losses from an increase in the minimum wage. But even if one accepts the…

Why the Minimum Wage Law Causes Unemployment

The minimum wage increase proposed by President Clinton would do little to reduce poverty. Instead, it would cause real hardship for some low-income Americans, the very people it is designed to help.