Pitchfork Economics with Nick Hanauer cover image

The Road to Freedom (with Joseph Stiglitz)

Pitchfork Economics with Nick Hanauer

CHAPTER

Redefining the Impact of Minimum Wage on Employment and Market Dynamics

Exploring a shift in perspective on the effects of minimum wage hikes on employment, highlighting research showing that raising the minimum wage may not always result in job losses. The discussion also touches on how labor economics is shaped by market power and wage suppression, diverging from traditional economic theories.

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