New York Is About to Launch an Especially Terrible Experiment With the $15 Minimum Wage

As was widely anticipated, a board convened by New York Gov. Andrew Cuomo voted today to raise the minimum wage for fast-food workers across the state to $15 dollars per hour. Once the recommendation is approved by the state's labor department, as most expect it will be, it will become law. This, of course, follows after San Francisco, Seattle, and Los Angeles all passed ordinances that will push their citywide pay floors to $15. Whatever you might think about the wisdom of those moves—I'm

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