I have said this before: Alan Reynolds has perhaps the lowest tolerance for economic stupidity of anyone writing in America. In spirited style and with more than a dish of anger, he here demolishes the folly of minimum wage legislation.
I often wonder — is it the case that the minimum wage (and “living wage” zealots) have never considered the counterproductivity of those measures, are not capable of understanding their counterproductivity, or don’t care because of the benefits they get from posturing as friends of the poor?
