Raising the minimum wage effectively cuts the bottom rung off the economic ladder and, by impeding the lowest-skilled workers from gaining the job experience needed to move upwards, increases poverty in the long run and hurts those workers the policy purports to help.
By Matthew Lau
Kyle Sammin: Councilmanic Prerogative — Philadelphia’s Invitation to Corruption
What can be done about Philadelphia’s corrupting ‘Councilmanic Prerogative’? How can an informal practice be outlawed, especially when the people who could outlaw it are the ones who benefit from it?
Dan Pearson: Rent control is the wrong solution to a real Philadelphia problem
Wanting to prevent displacement is admirable, but it’s important to create solutions that actually solve the problem, rather than exacerbating it.
Dan White: Recession coming? Three indicators to watch
The only thing that I can say with 100 percent certainty about the next recession is …
By Dan White