Monday, October 27, 2014


Econ Comments & Analysis                                                                                            
Forbes | Why A Rise In The Minimum Wage Won't Create Jobs
There’s much talk out there about how a rise in the minimum wage will create more jobs, not fewer as the conventional analysis would have it. This new, and surprising, take on it relies on an effect which is undoubtedly there, the marginal propensity to spend, but that’s often true in economics.