My co-authors at Fraser and I have a new study on the minimum wage. You guys know I am a fount of modesty, but for real, if this topic interests you, I encourage you to read the study when you can. If you are truly interested in seeing some of the twists and turns in the debate, then you need to read the appendix too.
If you’re just a casual fan of free markets, who doesn’t have time for no stinkin study, then at least watch the video below. This is something that is very powerful when arguing that the minimum wage is a blunt instrument for helping “the poor”–most poor people earn more than the minimum wage, and most minimum wage earners are not from poor households.