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I’m sure Ed Prescott is against the minimum wage, but this paper illustrates why I think free market types should worry less about this and more about other kinds of regulation (*cough* housing *cough*) that directly relate to the productivity frontier.

https://t.co/2pCxCX3iom https://t.co/DNyqLYCNdl

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I’m sure Ed Prescott is against the minimum wage, but this paper illustrates why I think free market types should worry less about this and more about other kinds of regulation (*cough* housing *cough*) that directly relate to the productivity frontier.

https://t.co/2pCxCX3iom https://t.co/DNyqLYCNdl

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