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Volume 19  Number 1  •  Summer 2014
All Issues:  

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

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.

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