Minimum-Wage Increases: The Justice of Redistribution

As we enter the new year, 3 million low-wage workers in 21 states will gain a small increase in their wages, thanks to increases in state minimum wages. People you know will see a wage increase -- your neighbor, your teenage kid, the person who serves you coffee and donuts. The minimum-wage increase is a good thing because it increases income in a small way to the workers on the low rungs of our economy. A stagnant minimum wage redistributes income from workers to owners and managers and, ultima...