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According to this survey in 2015 (http://www.igmchicago.org/surveys/15-minimum-wage http://www.igmchicago.org/surveys/15-minimum-wage), economists do not have a
by QuesnayJr 7y ago
According to this survey in 2015 (http://www.igmchicago.org/surveys/15-minimum-wage http://www.igmchicago.org/surveys/15-minimum-wage), economists do not have a clear opinion on a 15 dollar minimum wage. "Uncertain" is the most common answer on whether it would cause unemployment, and "Agree" and "Disagree" both get considerable support.
- sjg007 7y agohttps://www.marketwatch.com/story/the-15-minimum-wage-was-supposed-to-hurt-new-york-city-restaurants-but-both-revenue-and-employment-are-up-2019-10-28 https://www.marketwatch.com/story/the-15-minimum-wage-was-su...
- QuesnayJr 7y agoSupposed by who, though? As you can see from the survey there was nothing like consensus on the question. The link in that article is to the National Restaurant Association, who are a lobbying organization.
- sjg007 7y agoMany economists are divided on the issue largely on ideological grounds.