Why raising the minimum wage isn’t the best way to reduce inequality

Walmart is giving more than one million of its employees a raise later this month as part of a plan that will lift all but its newest hires to at least $10 an hour.
Walmart is giving more than one million of its employees a raise later this month as part of a plan that will lift all but its newest hires to at least $10 an hour.
The recent groundbreaking ceremony for the new building of the National Library of Israel (NLI), a major event in the history of Jerusalem, was a deeply personal moment for many of the most prominent participants.
Israeli President Reuven Rivlin presented the library with a handwritten book that had belonged to his father, which included poems and prose by 17th-century scholar Rabbi Israel Najara. Prime Minister Benjamin Netanyahu reminisced about the amount of time spent by his father, Prof. Benzion Netanyahu, an eminent historian and editor of the "Encyclopedia Hebraica," in the library's reading room.