Postmodern Labor Economics
Posted in Disingenuous, labor markets, Politics, Price Controls, Taxation, Welfare State, You Can't Have it Both Ways on Apr 5th, 2016
So, New York State (who is that, exactly?) passes an historic increase in the minimum wage. It argues, implicitly, that raising costs to $15 per hour will benefit workers and not have the adverse consequences economists warn about. Of course, there are myriad adverse consequences, not just unemployment, so keep your eye on the ball. […]
