a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
b_b  ·  3844 days ago  ·  link  ·    ·  parent  ·  post: How does raising Minimum Wage not cause inflation?

I would suggest looking at the history of minimum wage increases. As far as I'm aware, there isn't a correlation between minimum wage hikes and a lagging inflationary period. Empiricism trumps theorizing about what "should" happen. Or, as stated by Hume, "You can't get an ought from an is."