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by JBlue42 3145 days ago
What if Walmart paid more than $11/hr to decrease the immediate incentive?
1 comments

This should be easy to study in Seattle and other "Fight for $15" cities as the higher minimum wage is phased in.
If you increase everyone's wages the quality of employees across the board won't change. If you increase your wages, while other employers' wages stay the same, you'll get better applicants.
I think the argument is if you raise someone's income above a living wage, you reduce their incentive to steal.
But if you raise all wages, all prices go up, so you never get there.
Not sure where you got this idea. Has that ever happened?