Why Raising the Minimum Wage Is a Fantasy

In a recent “60 Minutes” piece, Amazon founder Jeff Bezos proudly displayed his company’s next delivery vehicles: drones. It’s only a matter of time, according to Bezos, before Amazon’s faux-pelicans will be dropping packages at your door (and hopefully not on your head), speeding up deliveries and bringing instant gratification one step closer. No one thought to ask the obvious – what happens to all those redundant delivery folks.