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The Conversation USA

Does raising the minimum wage kill jobs? The centurylong search for the elusive answer shows why economics is so difficult – but data sure helps

  • Written by Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury
imageThe fight over the minimum wage continues.AP Photo/John Raoux

For decades it was conventional wisdom in the field of economics that a higher minimum wage results in fewer jobs.

In part, that’s because it’s based on the law of supply and demand, one of the most well-known ideas in economics. Despite it being called a “law,”...

Read more: Does raising the minimum wage kill jobs? The centurylong search for the elusive answer shows why...

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