TownieDeac
words are futile devices
- Joined
- Mar 16, 2011
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Increasing the minimum wage kills jobs. Any legitimate economist will tell you there is only one true minimum wage: zero.
Any legitimate economist? These kinds of statements make people take you less seriously.
Here are some pro/neutral
Princeton economists - http://davidcard.berkeley.edu/papers/njmin-aer.pdf
MIT economists - http://www.mitpressjournals.org/doi/abs/10.1162/REST_a_00039#.WEbHuuYrKUk
Here are some anti
UC-Irvine - http://wol.iza.org/articles/employment-effects-of-minimum-wages
University of Texas - http://wol.iza.org/articles/do-labor-costs-affect-companies-demand-for-labor
There's a very healthy debate among contemporary economists about the effects of raising the minimum wage.