The Minimum Wage Debate
Economists debate the impact of the minimum wage on job loss, while alternatives like the earned income tax credit or wage subsidies come with their own budgetary implications. The hidden tax of the minimum wage falls on those who lose their jobs or miss out on training opportunities. The complexity of estimating who pays the minimum wage and its distributive effects makes it difficult to raise awareness of its true impact.In this clip
From this podcast
EconTalk
Steven Teles on Kludgeocracy
Related Questions
How does minimum wage affect the economy as discussed in the episode The True Story of the Minimum-Wage Fight | Freakonomics Radio | Episode 460 and the clip Minimum Wage Debate?
How does minimum wage affect the economy according to the episode The True Story of the Minimum-Wage Fight | Freakonomics Radio | Episode 460 and the clip Minimum Wage Debate?
How does minimum wage affect the economy as discussed in the episode The True Story of the Minimum-Wage Fight | Freakonomics Radio | Episode 460 and the clip Minimum Wage Debate?