Something at TCS on the US minimum wage. The arguments apply here as well but as Chris Dillow has pointed out, in an even more extreme form as the benefit system pays more.
Timmy Elsewhere
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Good article.
In “Capitalism and Freedom” Friedman was moaning about just the same issue. If you prefer the EITC but still push for a greater minimum wage for whatever reason is intellectually dishonest (if you avoid coming clean about it). One would hope that academics were more concerned about that sort of thing.
Besides, the EITC has been expanding and has been a success, why try bury it in favor of something else? The attitude is self perpetuating and an enemy of progress.
Tim adds: From memory I think Friedman was the godfather of the EITC. He’s certainly been pushing for it for decades.
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