News for hackers. Stuff that matters.

A comment on What harm do minimum wages do?. Parent comment

Re:What harm do minimum wages do? by pwinnski on Wednesday August 19, 2020 @04:12PM (#24215667)
Yes, there are some circumstances in which labor ends up more concentrated after a minimum wage hike, but other circumstances in which that is not the case.

The article at hand does a decent job summarizing the different observations people have made.

[ Parent | on HN ]
Re:What harm do minimum wages do? by AnthonyMouse on Wednesday August 19, 2020 @04:25PM (#24215885)
> Yes, there are some circumstances in which labor ends up more concentrated after a minimum wage hike, but other circumstances in which that is not the case.

But that's what I'm saying. Minimum wage is ridiculous because there are alternative policies that don't do the bad thing at all, not even sometimes.

[ Parent | on HN ]
Re:What harm do minimum wages do? by pwinnski on Wednesday August 19, 2020 @04:47PM (#24216204)
Alternative policies that don't involve people being woefully underpaid? Such as what?
[ Parent | on HN ]
Re:What harm do minimum wages do? by bhupy on Wednesday August 19, 2020 @06:27PM (#24217524)
> Such as what?

UBI/NIT. Or more realistically, just expanding the EITC.

[ Parent | on HN ]