The Unintended Consequences Of Minimum Wage

by Luis San Vincente Portes.   New Jersey's Democratic leaders are seeking to include on the 2013 ballot a proposal to increase the minimum wage in the state from $7.25 to $8.25 per hour and to automatically tie it to further increases in the cost of living. The initiative is founded on states’ ability to set a minimum wage apart from the federal under the  ... MORE