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460. The True Story of the Minimum-Wage Fight

Freakonomics Radio

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Raising Minimum Wage and Economic Impact

Raising the minimum wage tends to raise wages at the bottom, lower poverty, and the highest quality research suggests minimal job loss. Economists support a $15 target by 2025, with Dubey being a prominent advocate. His research shows that increasing minimum wage does not result in negative employment effects, with studies demonstrating no adverse effects on employment in restaurants across county borders. Dubey's recent research highlights the importance of including all low-wage workers in studies, not just specific subgroups like teenagers.

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