The Minimum Wage Debate

Adam and Russ discuss the ongoing research on the minimum wage and the progress being made in understanding its impact on job loss. While Adam is optimistic about reaching a stronger consensus in the future, Russ emphasizes the need to consider the subtler impacts beyond employment, such as on-the-job training and other choices affected by the minimum wage. They also touch on the importance of better data and the potential for long-term studies to shed light on the overall effects.