4 ms·
There doesn't appear to be consensus like that - but not because lack of trying: https://www.anderson.ucla.edu/faculty-and-research/anderson-review/minimum-wage
by fulafel 6y ago
There doesn't appear to be consensus like that - but not because lack of trying: https://www.anderson.ucla.edu/faculty-and-research/anderson-review/minimum-wage-primer-leamer https://www.anderson.ucla.edu/faculty-and-research/anderson-...
- seiferteric 6y agoSorry but that seems to be an opinion article by a non economist? Or am I mistaken?
- fulafel 6y agoI thought it was a pretty even handed piece covering the debate in the field. Here are personally penned unedited opinions from econ nobelists etc if you prefer :) https://www.nytimes.com/2015/07/17/opinion/paul-krugman-liberals-and-wages.html https://www.nytimes.com/2015/07/17/opinion/paul-krugman-libe... https://www.epi.org/publication/raise-minimum-wage/ https://www.epi.org/publication/raise-minimum-wage/
- seiferteric 6y agoThanks, those are a bit better, though still single opinions. I guess I am looking more for a survey of economists opinions. What was interesting about Krugman's piece was that he said minimum wage used to not work, but now it might due to changes in the economy, which is surprising if true. To me, neither one was a resounding affirmation of minimum wage, both said that $15 did not seem to hurt, and might help slightly.
- imtringued 6y agoMinimum wages don't work because it doesn't help people who can't get a minimum wage job. A job guarantee is a better alternative.
- deleted 6y ago[deleted]