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Paul Oyer: Real-World, Down, Dirty, and Useful Economics

Guy Kawasaki's Remarkable People

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Is There Value in Raising the Minimum Wage?

Would you put more faith in someone who's working for a web design agency? Or it's a difficult example now, but the proverbial Ukraine programmer working out of his house. I am just going to use my limited time with a labor economist as much as I can, because this is the first for me. What would really be the effect of raising the minimum wage? Paul: At a certain point, minimum wages really do bite. They really have big negative effects on demand for labor.

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