We're all familiar with the concept, but for those who weren't aware that it had been formalised, given a title and a Wikipedia entry, the Politician's Syllogism goes like this:
- We must do something.
- This is something.
- Therefore, we must do this.
And so it is with the minimum wage. Poverty and inequality are problems that demand some sort of policy response, and if you're not familiar with the file, then increasing the minimum wage sounds like a halfway-plausible response. At least it's something, right?