2min chapter

Free Thoughts cover image

Labor Econ Versus the World (with Bryan Caplan)

Free Thoughts

CHAPTER

The Miopic Empiricism of the Minimum Wage

In the book, i have a essay called the miopic empiricism of the minima wage. There's a lot of research on european unemployment that blames it very strongly on labor market regulation. No one in the world puts in a million dollars an hour, right? Everyone has some sense if i put a number that's too high, this is going to hurt my prospects. S, when people say, i'll bor economics is counter intuitive. It says something t people don't want to hear. That would be counter intuid if you're goin to die one day. So, like wulda, but i don’t want to hear it.

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