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Who Cares What Economists Say About the Minimum Wage, What Do Pundits Think? 


Well, that seems to be the sentiment of many pundits, at least. The rest of us care more about what economists, people who have actually scientifically studied things like the minimum wage, have to say. More than 70 economists today released a letter asking the president and congressional leaders to raise the national minimum wage to $10.10 per hour and indexing it to inflation for the future. The economists who have signed the letter include the AFL-CIO's chief economist William Spriggs, seven Nobel Prize winners and eight former presidents of the American Economic Association...