ArchiveJanuary 8, 2015

One-study wonders, research, and the minimum wage

Megan McArdle provides a nice overview of what we know about minimum wage hikes. What really struck me was her comments on “one-study wonders”: Alas, if only economic analysis were so easy. In fact, it’s very hard to study what happens when we raise the minimum wage. The people confidently proclaiming their ability to see the future are often what I like to call “one-study...

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Stephen

Professor and quant guy. Libertarian turned populist Republican. Trying to learn Japanese and play Spanish Baroque music on the ukulele.

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