April 18th, 2016

rock

What economic lessons can we learn about the $15 minimum wage law from an '$8 per pound minimum...

What economic lessons can we learn about the $15 minimum wage law from an '$8 per pound minimum...

Here’s a quick economic quiz about the labor market, with important implications for the $15 an hour minimum wage hysteria that is sweeping the country: True or False? Unskilled employees compete against employers in the labor market for higher wages. Answer: False Economic lesson: Despite what we h…

Posted by Michael Zeleny on 18 Apr 2016, 13:22

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