fukhueson@lemmy.world to News@lemmy.world · 3 months agoStudy: Increasing minimum wage does not reduce jobswww.publicnewsservice.orgexternal-linkmessage-square178fedilinkarrow-up1949arrow-down116
arrow-up1933arrow-down1external-linkStudy: Increasing minimum wage does not reduce jobswww.publicnewsservice.orgfukhueson@lemmy.world to News@lemmy.world · 3 months agomessage-square178fedilink
minus-squarenaught101@lemmy.worldlinkfedilinkarrow-up2·3 months agoShould it not just be integrated in to the supply cost?
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·3 months agoYes, but how exactly that distorts the market is counterintuitive.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·3 months agoIntuitive chalkboard economics lead to the net loss conclusion above. Experimental reality as described in the study says otherwise.
Should it not just be integrated in to the supply cost?
Yes, but how exactly that distorts the market is counterintuitive.
How so?
Intuitive chalkboard economics lead to the net loss conclusion above. Experimental reality as described in the study says otherwise.