When Portland raised its minimum wage…

…things proceeded pretty much apace. From The Christian Science Monitor: So far, Portland’s $10.10 wage hasn’t killed jobs, though some restaurants have cut hours. Many workers already earned above the minimum; tipped servers and bar staff make much more during the summer. Portland’s economy is booming and unemployment is below 3 percent. Even Greg Dugal, …

“Is any one else freaking out right now?”

Because Dan Price, a Seattle-based CEO who cut his pay and raised his workers’ salaries to a minimum of $70,000, said he was freaking out when he made the announcement. Price said he made the moves because he sees a “moral imperative” to bridge the income gap. What can we learn from this? Plenty, says …