New research shows that higher minimum wages lead to more automation.
Once again, evidence shows what theory predicts. Raising the price of something, in this case labor, increases the demand for substitutes, in this case machines.
It's often said that the evidence in the minimum wage debate is clear. And it is.
Economics has laws, and they will be enforced whatever politicians think they can decree
As price of labor went up, people bought less of it — as standard economic theory predicts. This op-ed appeared June 29, 2017 in the Star Tribune. The Minneapolis City…
Seattle's council commissioned research into the effects of its minimum wage increases. When it didn't like the results, it commissioned some more
Higher wages will only come from higher productivity. Trying to raise wages by dictating prices is like trying to slow your car by pressing down on the speedometer’s needle.
Higher minimum wages hurt the very unskilled workers they are intended to help. They also hurt small businesses rather than big ones. Minneapolis City Council's discussion of the $15 per…
It’s no secret the University of Minnesota Humphrey School of Public Affairs faculty tend to hold and promote liberal views. That just goes with the territory in academia. According to…