28-06-2017 09:02 via ocregister.com

Politics trumps economics on minimum wage issue

Economists have oftentimes been made the butt of jokes for their significant differences of opinion on a number of issues. “If you laid all the economists in the world end to end, they still wouldn’t reach a conclusion,” the saying goes.
But, despite a number of internal debates within the profession’s various schools of thought, there is strong agreement on some core beliefs, like the laws of supply and demand. The law of supply simply states that the quantity of goods
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