The minimum wage myth

Published by Anonymous (not verified) on Fri, 12/01/2018 - 5:47am in

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Economics

  Lo and behold! But of course — when facts and theory don’t agree, it’s the facts that have to be wrong … Just as no physicist would claim that “water runs uphill,” no self-respecting economist would claim that increases in the minimum wage increase employment. Such a claim, if seriously advanced, becomes equivalent to […]