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The Two Moralities of the Minimum Wage
By Dwight R. Lee
This article appeared in the Summer 2014 issue of The Independent Review


Abstract

To making a convincing moral case against minimum-wage laws it’s helpful to distinguish between two kinds of ethical norms—those appropriate for families and other self-regarding small groups, and those suitable for larger groups whose members have little knowledge or concern for each other. Markets are better suited for the latter kind of morality and provide the best hope for low-wage workers to earn higher incomes.



Other Independent Review articles by Dwight R. Lee
    Spring 2015   Making the Case against “Price Gouging” Laws: A Challenge and an Opportunity
    Fall 2012   Moderating the Dark Side of Emotional Morality with the Bright Side of Market Morality
    Fall 2011   Shrinking Leviathan: Can the Interaction Between Interests and Ideology Slice Both Ways?
[View All (10)]



Volume 19 Number 1
Summer 2014

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