This commentary originally appeared in the Austin American-Statesman on July 28, 2015.
The minimum wage is a perennial failure, harming most the very Americans its proponents seek to help: those on the lowest end of the wage scale. Congress should stop mandating unemployment for millions of Americans by eliminating the minimum wage.
Freer labor markets benefit everyone.
Ginn is an economist in the Center for Fiscal Policy at the Texas Public Policy Foundation; [email protected].