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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: freechina who wrote (39849)10/26/2005 5:56:32 AM
From: CalculatedRisk  Read Replies (3) | Respond to of 116555
 
I can't believe Tabarrok posted that nonsense - ROFLOL.

There is an ongoing debate on the effect of higher minimum wage laws - in the simple (narrow) view it lowers income and employment. But in the macro view it is far more complicated, and the answer is higher minimum wages would probably be better right now.