- Is it Constitutional at the Federal level? No.
- Is it good economic policy? No.
- Is it moral to legally prevent two parties from agreeing to mutually-beneficial voluntary exchange? No. (at least not in my world)
Minimum Wage’s Discriminatory Effects by Walter E. Williams: “As if more proof were needed about the minimum wage’s devastating effects, yet another study has reached the same conclusion. Last week, two labor economists, Professors William Even (Miami University of Ohio) and David Macpherson (Trinity University), released a study for the Washington, D.C.-based Employment Policies Institute titled “Unequal Harm: Racial Disparities in the Employment Consequences of Minimum Wage Increases.”"