If Seattle succeeds in raising its minimum wage to $15, the city will suffer.
By Jordan Weissmann
Photo by Maxvis/Thinkstock
Economists everywhere may soon be thanking Seattle Mayor Ed Murray. Not because of his inspired policymaking, but because Murray seems ready to turn his city into a gigantic laboratory for one of the most ambitious, and quite possibly misbegotten, labor market experiments in recent memory.
“There are concerns that it might lead to the substitution of automation for workers.”Read more...
