2 ms·
With economic policy, I sometimes wonder if artificial floors tend to cause less strange distortions than artificial ceilings, because there's usually already a
by rrrrrrrrrrrryan 6y ago
With economic policy, I sometimes wonder if artificial floors tend to cause less strange distortions than artificial ceilings, because there's usually already a floor: zero. We just raise it a bit.
I feel like it's easier to anticipate the side effects of raising a minimum wage than it is for an earnings cap.