More Minimum Wage Jujitsu
Posted in labor markets, Price Controls, You Can't Have it Both Ways on Nov 29th, 2016
A surprisingly large number of smart people support raising the minimum wage. In two separate conversations this week with very intelligent people, it was argued to me: That there is some research (I once wrote a book review of this) suggesting that labor markets are monopsonistic. And I can draw you a picture of how […]
