The good news is that, to take one of your examples, while the minimum wage does have a small effect on prices, the inflationary effect seems to be vanishingly

The good news is that, to take one of your examples, while the minimum wage does have a small effect on prices, the inflationary effect seems to be vanishingly tiny compared to the actual wage rise offered. (PDF link) https://mitsloan.mit.edu/shared/ods/documents/?PublicationDocumentID=5548 https://mitsloan.mit.edu/shared/ods/documents/?PublicationDo...