The case for increasing the minimum wage

Pierre Briançon
The case for increasing the minimum wage

Electoral campaigns are the moment when political parties remember that there are more poor than rich voters, and in most western democracies, this is the time when promises to raise the minimum wage flourish. In the U.S., Democratic candidates for their party’s presidential nomination all seem to agree on the need to raise the minimum wage to $15 per hour, either right away or over time. In the U.K., where a general election is due on December 12, both the ruling Conservative Party and the Labour opposition have made similar pledges, even though they differ on the details.