> Increased minimum wages should buy you better employees who are more productive I disagree. I think an increased minimum wage, presumably above the market cl

> Increased minimum wages should buy you better employees who are more productive I disagree. I think an increased minimum wage, presumably above the market clearing price for a person with that set of skills, allows the manager to introduce non-economic factors into his decision making. This includes personal biases and encourages nepotism. It's also worth remembering that the minimum wage law had less than noble intentions > The business-friendly National Center for Policy Analysis points out “the 1931 Davis-Bacon Act, requiring ‘prevailing’ wages on federally assisted construction projects, was supported by the idea that it would keep contractors from using ‘cheap colored labor’ to underbid contractors using white labor.” [0] http://www.forbes.com/sites/carriesheffield/2014/04/29/on-the-historically-racist-motivations-behind-minimum-wage/#19ea54a51957 http://www.forbes.com/sites/carriesheffield/2014/04/29/on-th...