In which John discusses the minimum wage, and whether raising the minimum wage would negatively affect employment in the United States.
Thanks to Rosianna for graphics and research help: http://www.youtube.com/missxrojas
About Card and Kreuger's famous study of New Jersey and Pennsylvania: http://en.wikipedia.org/wiki/Minimum_wage#Card_and_Krueger
Why Does the Minimum Wage Have No Discernible Effect on Employment? http://www.cepr.net/documents/publications/min-wage-2013-02.pdf
Do higher minimum wages reduce poverty? http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/04/economists-agree-raising-the-minimum-wage-reduces-poverty/
A Washington Post overview of the minimum wage debate: http://www.washingtonpost.com/blogs/the-fix/wp/2013/02/13/the-minimum-wage-fight-explained/
Tagged under: economics,econ,finance,john green,nerdfighters,minimum wage,politics,congress,news,united states
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