14 Comments
author

I wish I had such excellent writing at my disposal back when I had to debate Con on minimum wage in middle school debate

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Jan 22, 2021Liked by Kartik, Maxwell Tabarrok

"Ultimately, the minimum wage serves as a transfer payment from low productivity workers to high productivity ones." -Wait, as a high productivity worker should I advocate for a high minimum wage?

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Nov 7, 2021Liked by Maxwell Tabarrok

Does anyone know why this paper hasn't been accepted for publication? I would like to be able to cite it

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Jan 22, 2021Liked by Maxwell Tabarrok

This was well written and very well explained sir maxwell

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But seriously this is an exceptional post. Great job! I do have a question though. What do you think about the use of econometric methods in economics? Should economics really more on casual historical evidence or sophisticated statistical methods?

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BuT tHe LaBoR MaRkEt iS a MoNoPsOnY

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author

Sometimes common sense really is the way to go. The supposed "consensus" that minimum wage hikes have zero (or even positive!) effects on workers is one of those "too good to be true"-type deals

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