Higher minimum wages are good for workers and mean that small businesses operate more effectively | LSE United States Politics and Policy (opens in new tab)

Many US state governments have sought to increase minimum wages to increase workers’ prosperity. But these policies are often accused of being “bad for business”, especially for small businesses. In new research, Nirupama Rao and Max Risch find that facing higher minimum wage costs, instead of reducing how many people they employ, independent businesses respond … The post first appeared on .