We’re joined by Friend of the Show and AEI Scholar Mark Perry this week to discuss a piece he co-wrote with AEI Scholar Andrew Biggs. In the piece Mark and Andrew dig in and examine why a one-size-fits-all approach to the minimum wage is a very bad idea. While states and cities have the ability to raise it as they see fit other rural and low income areas can’t lower it to meet their needs. We also spend some time discussing the idea of minimum wage as a whole and whether or not it actually helps anyone. Enjoy!
Perry and Biggs: A National Minimum Wage Is a Bad Fit for Low-Cost Communities