The 1966 extension of the minimum wage can explain more than 20% of the reduction in the racial earnings and income gap during the Civil Rights Era. Authors also ruled out dis-employment effects of minimum wage.

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Has anyone ever seriously suggested linking minimum wage to GDP or some other economic stat, rather than having to play politics every few years to increase it?


you mean… it’s good for everyone when we don’t just give all our money to rich people.. fancy that


There’s a kurzgesagt video that touches on this. I think it’s the one about universal basic income.


You’re onto something here.