tag:blogger.com,1999:blog-2761684730989137546.post2438865598643111239..comments2024-03-18T19:09:18.510-04:00Comments on Mike Norman Economics: John T. Harvey — The Real Argument For Raising The Minimum Wagemike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-23485015739988863432015-07-31T17:08:38.001-04:002015-07-31T17:08:38.001-04:00Still no consensus.Still no consensus.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-45077413646601491942015-07-31T16:37:11.189-04:002015-07-31T16:37:11.189-04:00Just one point in that paper that doesn’t impress ...Just one point in that paper that doesn’t impress me: that’s the claim that a rise in the min wage is justified if it raises demand. The flaw in that argument is that it costs nothing in real terms to raise demand by the usual stimulatory measures (interest rate cuts, QE, a deficit, etc).Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.com