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>There is some evidence that increasing minimum wage increases the prices of goods for minimum wage workers so that their rising wages don't actually give them
by nobody9999 3y ago
>There is some evidence that increasing minimum wage increases the prices of goods for minimum wage workers so that their rising wages don't actually give them more buying power
I've heard this before, but I've never actually seen that "evidence." Can you point me in the right direction?
- treesrule 3y agohttps://marginalrevolution.com/marginalrevolution/2021/08/the-labor-market-ran-hot-real-wages-fell.html https://marginalrevolution.com/marginalrevolution/2021/08/th... This isn't exactly what i've claimed but its in the ballpark (sorry at work will try later to try and find something more specific)