silence7@slrpnk.net to politics @lemmy.worldEnglish · 27 days agoThe Economic Experiment That Upended Reality | Minimum-wage increases were expected to kill jobs. The fact that they didn’t should make us rethink a lot of assumptions.www.theatlantic.comexternal-linkmessage-square13fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThe Economic Experiment That Upended Reality | Minimum-wage increases were expected to kill jobs. The fact that they didn’t should make us rethink a lot of assumptions.www.theatlantic.comsilence7@slrpnk.net to politics @lemmy.worldEnglish · 27 days agomessage-square13fedilink
minus-squarepanthera_@lemmy.todaylinkfedilinkarrow-up0·27 days agoThe principles of economics remain the same. The cost of doing business goes up. Consequently, employers will hire less people, reduce hours, raise prices, and automate.
The principles of economics remain the same. The cost of doing business goes up. Consequently, employers will hire less people, reduce hours, raise prices, and automate.