Is raising the minimum wage a good tool to help low-income workers achieve upward mobility?
That's the key question at the heart of the debate over California's new $20-an-hour minimum wage law for fast food workers. Economist Beth Akers joins host Nic Dunn to explore the arguments on both sides and explore the unintended consequences of this policy. They discuss the impact this new law is having on businesses, articulating a principled approach that's both pro-free enterprise and pro-upward mobility. Beth is a senior fellow at the American Enterprise Institute and a contributor to Defending Ideas.
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