Here’s what happens when you raise the minimum wage to $15 an hour, according to scientists: Nothing. Well, not nothing. All kinds of bad things happen to the economy. But nothing happens for two groups of people central to the whole debate: workers who get a bump to $15 and employers who have to bump to $15 an hour.
Take a Walk on the Hedonic Treadmill
Take a Walk on the Hedonic Treadmill
Take a Walk on the Hedonic Treadmill
Here’s what happens when you raise the minimum wage to $15 an hour, according to scientists: Nothing. Well, not nothing. All kinds of bad things happen to the economy. But nothing happens for two groups of people central to the whole debate: workers who get a bump to $15 and employers who have to bump to $15 an hour.