Mark and Doug are two Christian economists seeking to combine economics and theology in a fun, thoughtful, and inviting fashion. The name of the blog is a reference to Jesus' admonition to his disciples to be "wise as serpents and innocent as doves" (Matthew 10:16) when going forth into the world. We hope you join the conversation.
Tuesday, October 19, 2010
After Further Review, The Ruling on the Field is Overturned
This article provides incontrovertible evidence that the minimum wage can lead to job destruction. In this case, the, "review in the booth" affected only some American territories. How long will it be before we get to analyze the destructive effects on all of the United States of raising the minimum wage in the midst of a severe recession?
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