Another great example where “Econ 101” was very wrong.
Minimum wage increases across the country increased earnings for low wage workers, and the impact on employment was statistically zero.
Vote Ron Davis
We've been running an unprecedented natural experiment running for a decade and half. 30 states have raised their minimum wages. 20 have not.
What happened to pay? What happened to jobs? The good news is that it's pretty easy to figure out now.
substack.com/home/post/p-...
When 30 States Raised Minimum Wages, What Happened to Pay and Jobs?
