A minimum wage is a government-mandated wage control that takes negotiating power away from workers and employers. There is a rare near consensus among economists that binding price controls distort economic activity, but politics often gets in the way of seeing the fallacy of a wage control. Setting a minimum wage floor above a market wage results in unemployment, especially for low-skilled workers. It also slows future job creation and pushes unemployed workers who would take a wage at less than a minimum wage into long periods of unemployment and dependency on family or taxpayers.
Foreign Policy
Mexico’s Regime in the United States
Mexico’s Regime in the United States By: Alejandrina Elms and Melissa Ford Download the full paper here. Executive Summary Under the Sheinbaum Administration, MORENA has continued and expanded an organized U.S. political presence, including a nationwide organization strategy, political education efforts, public political activity, and documented interaction between its “foreign relations” apparatus and Mexico’s consular...
October 14, 2026