Would cutting the minimum wage raise employment?

In a word: No. In two words: no again.

In the posts linked above, Paul Krugman puts one economic shiv after another in the fallacious reasoning used by many critics of the minimum wage. And you don’t need to speak the language of an economist to understand what he’s saying — though he backs it all up with some “Econ 101” material, if you’re interested in reading that too.

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