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Full-Page NYT Ad Against Proponents of Wage Hike

In a full-page ad in Thursday’s New York Times, the Employment Policies Institute urged readers to “take a closer look” at eight of the 600 economists who have signed a petition endorsing a minimum-wage increase. (Four of the eight have … Continue reading

by Alejandro Reuss | February 28, 2014
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Increasing the Minimum Wage Can Actually Create Jobs—If It’s Enforced

Back when I first studied economics, we “proved” in class that a minimum wage causes unemployment. You just draw supply and demand curves for labor, add a horizontal line for a wage above the “market clearing” competitive equilibrium wage, and—bingo!—a … Continue reading

by Polly Cleveland | February 13, 2014
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