Exploring Workplace Changes
Russ and Mike discuss the need for studying non-quantitative measures of workplace changes and the impact of competition, highlighting the limitations of current research. They suggest conducting case studies and natural experiments to gain deeper insights into the effects of changes like minimum wage increases on employment.In this clip
From this podcast

EconTalk
Munger on Shortages, Prices, and Competition
Related Questions
What would be the impact of implementing a minimum wage as discussed in the episode The True Story of the Minimum-Wage Fight | Freakonomics Radio | Episode 460 and the clip Minimum Wage Debate?
What would be the impact of implementing a minimum wage as discussed in the episode Conversation with David Leonhardt — The State of the US Economy and the clip Union Challenges Ahead?
What do you think about minimum wage in the context of the episode Michael Munger on Free Markets and the clip Wage Disparity Debate?