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 more? They can afford it, or so the saying goes. Raising the minimum wage and sticking it to the “man” makes a great, and simple political soundbite. The minimum wage, however, is a blunt instrument that does little to aid the poor and disenfranchised.