The Pro-Growth Minimum Wage

Democracy: A Journal of Ideas, Summer 2018, No. 49

9 Pages Posted: 4 Feb 2019

See all articles by Robert D. Atkinson

Robert D. Atkinson

Information Technology and Innovation Foundation

Date Written: June 12, 2018

Abstract

Given the slow growth in wages over the last several decades, especially for the bottom half of the U.S. labor market, progressives are right to call for a higher minimum wage. However, their case is made almost exclusively on the premise of promoting greater fairness. Conservatives and economists of all stripes might acknowledge that a higher minimum wage will lead to fairer outcomes, but many also warn that it will come at the cost of lost jobs and stunted growth. That almost inevitably beats fairness. In an essay for Democracy Journal, ITIF President Rob Atkinson calls on progressives to make the case for a higher minimum wage on the grounds of growth first and fairness second.

Keywords: Minimum Wage, Growth, Workforce

Suggested Citation

Atkinson, Robert D., The Pro-Growth Minimum Wage (June 12, 2018). Democracy: A Journal of Ideas, Summer 2018, No. 49. Available at SSRN: https://ssrn.com/abstract=3324645

Robert D. Atkinson (Contact Author)

Information Technology and Innovation Foundation ( email )

1101 K Street N.W.
Suite 610
Washington, DC 20005
United States

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