We examine the setting of minimum wages, arguing that they can best be understood as a reflection of voters' notions of fairness. We pursue this idea by setting out a theoretical model of minimum wage setting in a federation. The key model implications are that minimum wages should track...

In July 2008, the Canadian province of British Columbia (BC) launched North America’s first revenue-neutral carbon tax reform. The tax, which applied to all combustion sources of all fossil fuels, was introduced at a rate of CAD 10 per tonne of CO2, with a schedule for annual increases of CAD...