The IGM Forum, which is run by the University of Chicago’s Booth School of Business, polled top economists on the minimum wage. The first question they asked was whether raising the minimum wage could make it harder for some low-wage workers to find jobs. The responses were mixed ...
...The second question was whether they thought increasing the minimum wage was worth it given the possible downsides. They do. ...Ezra Klein, WaPo
The hitch: we really should have a minimum wage of $10.10. But hey, $9 is better'n' what minimalists are getting these days. Am I a socialist? Damn right -- and a capitalist, too. I think America needs to regain the balance we once had between socialism and capitalism. That's when we're at our healthiest. Capitalism is divisive, as we've learned to our cost.
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