An increase in the state minimum wage will be on the ballot in Missouri this fall and here is a good analysis of its likely effects. In short, most of the beneficiaries of this exercise in coercion are not poor and those likely to be harmed are the people with the least ability to adapt.

Governmental meddling with the price system never has good effects on net, but it’s probably way too much to expect that most people can be taught to understand that.