The unintended consequences of raising the minimum wage http://bit.ly/1i6JjOm
@jisantucci makes sense. But they seem utterly unconcerned about the potential impact of any (admittedly) smaller distortions.
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@mattklewis it's borderline Smith-ian, but I think a lot of that unconcern comes from a wage fund/distributional idea -
@jisantucci do you fundamentally disagree with my take, or just think the $50 an hour absurdity is a bridge too far? - End of conversation
New conversation -
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@mattklewis and of course the aforementioned stimulative effects. Conversation should be about elasticities tho, not fake $50/hr proposalsThanks. Twitter will use this to make your timeline better. UndoUndo
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