Saturday, July 1, 2017

Yet More Minimum Wage - Yes, A Higher One Reduces Employment

We might well (although I would prefer not) have modest minimum wages and modest changes, but immodest ones are simply not a good idea. At which point, Seattle and Minneapolis are both moving to $15 an hour, both immodest wages and immodest changes. This is probably not a good idea.

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/07/01/yet-more-minimum-wage-yes-a-higher-one-reduces-employment/
via IFTTT

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