3 ms·
> Empirical evidence shows I imagine there is 'evidence' out there but the empirical claim is quite intriguing. Do you have any sources for this?
by jeegsy 6y ago
> Empirical evidence shows
I imagine there is 'evidence' out there but the empirical claim is quite intriguing. Do you have any sources for this?
- astrange 6y agoSome literature review here: https://noahpinion.substack.com/p/why-15-minimum-wage-is-pretty-safe https://noahpinion.substack.com/p/why-15-minimum-wage-is-pre... https://noahpinion.substack.com/p/the-minimum-wage-pushback https://noahpinion.substack.com/p/the-minimum-wage-pushback One thing that might disappoint people is that increasing minimum wage isn't the best way to reduce poverty in the US, for the simple reason that most poor people aren't wage laborers. And not unemployed either - they're children and the elderly. Child allowances seem like they'll be very effective here, unless you don't trust their parents to use it well.