Backers of a $15 federal wage say it’s a no-brainer if you want to fight poverty. Critics say it’s a blunt instrument that leads to job loss. Even the economists can’t agree! We talk to a bunch of them — and a U.S. Senator — to sort it out, and learn there’s a much bigger problem to worry about.

Freakonomics Radio

Freakonomics Radio + Stitcher

460. The True Story of the Minimum-Wage Fight

APR 29, 202144 MIN
Freakonomics Radio

460. The True Story of the Minimum-Wage Fight

APR 29, 202144 MIN

Description

Backers of a $15 federal wage say it’s a no-brainer if you want to fight poverty. Critics say it’s a blunt instrument that leads to job loss. Even the economists can’t agree! We talk to a bunch of them — and a U.S. Senator — to sort it out, and learn there’s a much bigger problem to worry about.