On raising the federal minimum wage in the USA

I largely agree with Gary Becker and Richard Posner with reference to the Democrat proposal for raising the minimum wage in the USA. Despite the fact that the proposal is also supported (and to some extent, ignited to start with) by many remarkable economists, I do not think there is any undisputed, clear, evidence that the benefits would outweigh the costs, and moreover there are better alternatives that can be used towards the same (declared) goals (as, for instance, the Earned Income Tax Credit, first championed as the “negative income tax” by the late Milton Friedman; as Posner discusses in his post mentioned above, why not work towards making that more generous, since the EITC is probably a less inefficient tax than the minimum wage).
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Wikipolitics

Apparently Wikipedia faces more acts of vandalism originating from Capitol Hill IP addresses than from anywhere else… Below a bit of the USA representatives’ whitewashing (taken over from the Washington Post– you need to sign up first to read it there; you can read the full text also on MSN ):

Last week, Wikipedia temporarily blocked certain Capitol Hill Web addresses from altering any entries in the otherwise wide-open forum.
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