With the Democrats poised to take Congress, it’s time to look at one of the few issues they’ve been clear about: the minimum wage. The narrative? If you don’t want to monkey with economic fundamentals — i.e. labor supply-and-demand — you’re a heartless enemy of the “living wage.” But is raising the minimum wage really a good idea? There are five good reasons for a ‘no’ to this question:

Incentives against college