Minimum Wage Misconceptions with Jacob Clifford

My names is Jacob Clifford and I'm an economics teacher and all around swell guy. With the ongoing debate over increasing the minimum wage I decided to make a video to clarify common misunderstandings. You should share this video with your friends; especially that one that doesn’t understand economics and never researches things, yet still has very strong opinions.

My goals was to inform, not tell you how to vote. Feel free to comment and let me know what you think about the minimum wage. Is the best thing ever or a total sham.The links to the websites and studies I mentioned are below.

BLS- Characteristics of Minimum Wage Workers (2014)
http://www.bls.gov/cps/minwage2013.pdf

Congressional Budget Office- The Effects of a Minimum-Wage Increase on Employment and Family Income (2014)
https://www.cbo.gov/publication/44995

Pew Research Center- 5 Facts about Minimum Wage (2015)
http://www.pewresearch.org/fact-tank/2015/07/23/5-facts-about-the-minimum-wage/

The Economist- The Logical Floor (2013)
http://www.economist.com/news/leaders/21591593-moderate-minimum-wages-do-more-good-harm-they-should-be-set-technocrats-not

Minimum Wages and Employment (2006)
http://www.nber.org/papers/w12663.pdf

What does the Minimum Wage Do? (2014)
http://www.upjohn.org/publications/upjohn-institute-press/what-does-minimum-wage-do

Economist Survey- Things we agree on
http://gregmankiw.blogspot.ca/2006/11/consensus-of-economists.html

Econmovies Playlist
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH

Also, apperently I can't spell "inequality"

The other minimum wage video is ready yet. Give me a few days.

Lastly, follow me on Twitter: https://twitter.com/acdcleadership?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Видео Minimum Wage Misconceptions with Jacob Clifford канала Jacob Clifford