Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.

Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.

On May 6, all eyes will be focused on the second round of the French presidential election, which Socialist challenger Francois Hollande is likely to win. Equally important for Europe’s future is the Greek parliamentary election scheduled for the very same day.

How does raising the minimum wage affect employment?

Online registration for this event is closed. Walk-in registrations will be accepted.

The Democratic leadership has announced plans to pass an increase in the federal minimum wage soon after their party takes over Congress in January. The current rate of $5.15 per hour has not been raised since 1997. Some...

A higher minimum wage is terrible economic policy and Americans know it.