"The only way to contain the Street's excesses is with reforms so big, bold and public they can't be watered down. That means busting up the biggest banks and resurrecting Glass-Steagall," he said.
Bernie Sanders says as president, he would break up Wall Street's biggest banks →
Mr. Reich argues that raising the minimum wage is a moral issue that transcends the negative effects on some individuals.
RICHARD BERMAN: The price of Robert Reich's $15 minimum wage →