Should We Raise the Minimum Wage? | Poverty & Unemployment

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This video examines whether we should raise the minimum wage by looking at its effects on poverty, unemployment and costs for consumers. It also looks at how high minimum wages affect small businesses and big corporations differently in terms of their ability to automate. There are emotional arguments to be made for the minimum wage, but I think focusing on economics is more useful.

Some of the more academic sources might be a bit harder to find, so here are the links to the sites that might not come up on a simple Google search:

http://www.epi.org/publication/minimum-wage-workers-poverty-anymore-raising/
http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents
http://www.epi.org/publication/raising-federal-minimum-wage-to-1010/
http://poverty.ucdavis.edu/faq/what-are-poverty-rates-among-working-adults
http://cdn.theatlantic.com/assets/media/img/posts/Sabia_Burkhauser_SEJ_Jan10.pdf
https://www.alec.org/app/uploads/2014/03/2014-Raising_Minimum_wage.pdf
https://www.aei.org/publication/minimum-wage-effect-dc-restaurants-have-lost-more-jobs-since-january-than-any-6-month-period-since-2001/
https://mises.org/library/yes-minimum-wages-still-increase-unemployment

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