Friday, July 24, 2015

Brad Delong channels Jared Bernstein who channels Timothy Egan

http://delong.typepad.com/sdj/2015/07/the-minimum-wag.html

I was eating at the bar of a restaurant in San Francisco a few weeks ago. The bartender, a Russian, had moved from New York to SF. I asked her why she moved (and figured she would say something about weather). She said it was because the minimum wage in California was higher. I wondered then and there whether this anecdote revealed anything about the larger economy. Perhaps it does.

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