27 February 2013

Economists on the Minimum Wage

IGM Forum:
Question A: Raising the federal minimum wage to $9 per hour would make it noticeably harder for low-skilled workers to find employment. 
Agree: 34% 
Disagree: 32%
Question B: The distortionary costs of raising the federal minimum wage to $9 per hour and indexing it to inflation are sufficiently small compared with the benefits to low-skilled workers who can find employment that this would be a desirable policy. 
Agree: 42% 
Disagree: 8%


Full story here.