this post was submitted on 23 Feb 2024
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I'm afraid that it's really only a tiny bit more than basic education. Empiric studies refuted the negative effect of minimum wage on employment.
https://www.youtube.com/watch?v=4epQSbu2gYQ
That video does give good arguments, but to suggest that this is not a controversial issue in economics is perhaps a bit dishonest. Granted, I suppose I suggested that as well.
e: that channel's Breadtube vs Economics series seem pretty good, thanks for the pointer. Seems like the channel is left-leaning, and this makes me doubly happy. A political left with good knowledge on economics would be a great thing.
Sorry I was a bit oversimplified. Had to get off the pooper.
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