Protesters calling for higher wages for fast-food workers stand outside a McDonald's restaurant in Oakland

The Economist explains: Why some economists oppose minimum wages

The Economist explains: Why some economists oppose minimum wages (via The Economist)

WORKERS across the rich world have suffered stagnant wages for much of the past decade, in good times and bad. Governments are increasingly responding by boosting minimum wage-rates. State and local governments in America are passing wage increases,…



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