Laurence J. Kotlikoff

Workers’ wages have stagnated, even as the unemployment rate has plunged to a seven-year low and the economy is bounding ahead. Some people propose raising the federal minimum wage and bolstering labor unions to address slow growth in wages.

Workers’ wages have stagnated, even as the unemployment rate has plunged to a seven-year low and the economy is bounding ahead. Some people propose raising the federal minimum wage and bolstering labor unions to address slow growth in wages.