Episode #20

Minimum wage myths, busted

Everything you ever wanted to know about why raising the minimum wage makes total economic sense.
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Opponents of raising the minimum wage like to claim that economists are on their side. They're wrong. In this episode: the truth about minimum wage economics, the fight in the field, and the reason the jobs debate is a sideshow.

Originally posted on April 24, 2014


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Show Notes

David Card and Alan Krueger's landmark 1994 paper on the minimum wage in New Jersey and Pennsylvania.

Arindrajit Dube, Michael Reich, and William Lester's 2010 paper on minimum wage differences across many state borders.

A paper from our guest Sylvia Allegretto on the subminimum, or "tipped' wage, currently $2.13 an hour at the federal level. Co-authored by Kai Filion.

Senate Democrats are poised for a vote on increasing the minimum wage to $10.10 per hour. Keep watching the news!

A comparison of minimum wages in some of the world's biggest economies.

Which states have the highest minimum wages? Check it out.

Huge majorities of Americans support raising the minimum wage, including a slight majority of Republicans. If you have a Republican representative in congress, give them a call! You can look up your congressperson here and senators here.

Related Episodes: Inequality, Minimum wage