2min chapter

Freakonomics Radio cover image

460. The True Story of the Minimum-Wage Fight

Freakonomics Radio

CHAPTER

How Many Jobs Are Paid Below the New Minimum Wage?

The british government recently asked dubay to apply his methodology to various economies around the world. Britain has had a minimum wage since nineteen ninety seven ands been raised nearly every year. It now stands at around twelve u s dollars an hour, with carve outs for younger workers. So what did dubey find when he analyzed minimum wage laws in multiple countries? I didn't see very much convincing evidence that job losses had occurred. And so if you fit this global analysis on to the u.S. Economy, i think that fifteen dollars in twenty twenty five is a reasonable target....

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode