As I tweeted, San Francisco is raising its minimum wage to $10.24 on Jan 1st (HT to my dad for bringing my attention to this story).
The minimum wage is probably one of my most despised government interventions. Like most other policies, it purports to help those most disadvantaged yet does the exact opposite, all to the benefit of politicians. Amongst other factors, it's like a slow acting poison to those in business.
Nobel Laureate Milton Friedman and reporter John Stossel have excellent basic explanations of how poor a policy the minimum wage is.
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