460. The True Story of the Minimum-Wage Fight
Freakonomics Radio

460. The True Story of the Minimum-Wage Fight

podcasts

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Minimum wage is a poor anti-poverty policy because it doesn’t specifically target impoverished people. Many people making minimum wage aren’t from poor families, like students. Also, the poorest people are the unemployed. Higher minimum wage may lure some back to work, but not enough.