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Jens 'n' Frens
Idle thoughts of a relatively libertarian Republican in Cambridge, MA, and whomever he invites. Mostly political.
"A strong conviction that something must be done is the parent of many bad measures."
-- Daniel Webster
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Monday, July 27, 2015 :::
I see from Reason that
For the first time ever, reports Business Insider, a U.S. state "may single out one industry for a big wage hike."
That state is New York, that industry is "any restaurant chain with 30 or more locations in the state," and it would appear that a panel the governor appointed has recommended a $15 minimum wage for only those firms.
One casts about for an economic world-view with even a low level of coherence that argues in favor of doing this for these firms specifically, and not e.g. including retailers etc. Were I to attempt to justify this, it would be on public health grounds; these restaurants perhaps disproportionately serve poor people worse food than they would otherwise find, and (especially before large labor-saving capital improvements can be made) could be expected to be unaffordable to that population if this goes into effect.
::: posted by dWj at 12:35 AM
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