GrokInFullness
Saturday, March 23, 2019
The Minimum Wage as a Perpetual Motion Machine?
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In empirical work on the minimum wage, the elasticity of demand for low-wage workers is usually small. It is typically somewhere in the -0.1...
Forcing Wages Up Is a Bad Deal For Workers
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Suppose you own a factory staffed with assembly line workers or a warehouse staffed with runners who stock and retrieve items. How cool shou...
Sunday, March 17, 2019
Minimum Wage Debate: Meer Versus Galbraith
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If you want to see two economists debate the minimum wage, this debate between Jonathan Meer and James Galbraith is one of the best you cou...
Thursday, March 7, 2019
What Pro-Minimum Wage Economists Say
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I recently came across this excellent document by Arindrajit Dube. I was curious about what pro-minimum wage economists actually think. How...
Sunday, March 3, 2019
Recent Minimum Wage Activism: Where Does the Number 15 Come From?
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Where does the number 15 come from? Why not zero? Why not 50? Ideally there would be some kind of reason why the number isn't higher or...
Saturday, February 23, 2019
Criticisms of the Seattle Minimum Wage Studies Miss the Mark
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I recently did a write-up of two studies on the Seattle minimum wage increase. These studies threaten to overturn a lot of prior studies ...
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