A Consensus In Favor Of Wage Mandates?
8:24 pm in Economic News by 1stCavRVN11B
Liberal advocacy groups who argue in favor of a higher minimum wage have a tough job: Faced with mountains of data countering their argument that wage mandates don’t cost jobs, they struggle to find their intellectual footing. They often display a Potemkin village of 665 economists who subscribe to a theory that suggests labor costs don’t factor into hiring decisions. First compiled and promoted by the union-backed Economic Policy Institute, this
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