I really hope I don't have to explain to everyone what's so wrong about this post by Mark Perry on the minimum wage.
All the law of demand says is that demand curves slope down.
No one that I know that is doubtful about modest minimum wages hurting employment disagrees that demand curves slope down. If you think they are arguing demand curves slope up you need work a little harder at understanding the conversation you are inserting yourself into.
Procrastinating on December 7, 2016
11 minutes ago