Tuesday, December 22, 2015
UC Irvine Economics
Hat tip Campus Reform
I'll be the first one to admit it, but economics is not my strong suit. That's why they hire other guys to teach it. This latest piece from Campus Reform leaves me confused. It concerns a UCI economics professor who argues against the old adage that you lose jobs by raising minimum wages.
Hey, Professor Neumark: What about the effect on the cost of anteaters if you raise minimum wage?