I don't think this an indictment of the typical supply & demand model. The model is pretty flexible since the shape of the various curves will dramatically chan

I don't think this an indictment of the typical supply & demand model. The model is pretty flexible since the shape of the various curves will dramatically change what happens. The real argument isn't about the model, but rather the shape of the demand curve for low skill labor. I think taking the two versions of this study as separate analysis is interesting, since it shows a shift in employment from individual restaurants to chains. Which itself is a real impact from the rising minimum wage, but one not (itself) impacting labor.