Bill de Blasio, Adam Smith and the Living Wage Movement
Category: POLITICS
There's a lot more to living wage proposals than emotional appeals to help working families and reaction to corporate welfare. Increasing wages will increase spendable income, which will increase demand, which will increase economic activity that benefits everyone. It's anti-austerity economics turned into a workable program.
By Richard Brodsky, ContributorSenior Fellow, Demos, 2014-09-30