The Conservative Case for the Minimum Wage

August 13, 2013

We are all familiar with the standard textbook argument for why minimum wage is harmful to job creation. The standard view, which in political discourse has also come to be known as the conservative view, holds the minimum wage to be bad for all concerned. And yet, there is a conservative view to be made in favor of the minimum wage, and regular increases in the minimum wage, on the grounds that its neglected macroeconomic effects also would militate against another thing that conservatives hold to be equally as bad: redistribution. 

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