L.A. proves it: Minimum-wage hikes are a protection racket for labor unions

Published May 27, 2015 6:57pm ET



Whenever politicians are considering an intervention in the economy, you should always ask “who benefits from this increase in government?” The pro-regulation side will always have an answer like “customers,” “workers,” “the environment,” and of course, “the children.”

But the regulation usually only goes into effect if there’s a powerful special interest that stands to gain politically or economically or both.

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