A recent study by the University of Washington found negative effects of the minimum wage increase implemented by Seattle in the last few years. In a progressive city like Seattle, this wasn’t what they wanted to hear (which is probably why they commissioned UC Berkley to do another study, which, SURPRISE!… said that the minimum wage increase was just jim dandy!)
But what’s the reality? What are the basic economics of increasing the mandatory minimum rate of pay? We hash it out in today’s episode.
Links related to this episode:
A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals
Contra Krugman Ep. 93 The Seattle Minimum Wage Policy Is a Disaster
Raising the Minimum Wage Won’t Alleviate Poverty. Lowering it Might.
The Eugenics Plot of the Minimum Wage
On The Historically Racist Motivations Behind Minimum Wage
The Truth About the Minimum Wage
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– Pat and Jon
The post Never Mind the Bullocks! Here are the Realities of the Minimum Wage. (Episode 45) appeared first on Libertarianism for Normal People.
Source: Libertarianism for Normal People – Never Mind the Bullocks! Here are the Realities of the Minimum Wage. (Episode 45)