Should We Raise the Minimum Wage?

In which John discusses the minimum wage, and whether raising the minimum wage would negatively affect employment in the United States.

Thanks to Rosianna for graphics and research help: http://www.youtube.com/missxrojas

About Card and Kreuger's famous study of New Jersey and Pennsylvania: http://en.wikipedia.org/wiki/Minimum_wage#Card_and_Krueger
Why Does the Minimum Wage Have No Discernible Effect on Employment? http://www.cepr.net/documents/publications/min-wage-2013-02.pdf
Do higher minimum wages reduce poverty? http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/04/economists-agree-raising-the-minimum-wage-reduces-poverty/
A Washington Post overview of the minimum wage debate: http://www.washingtonpost.com/blogs/the-fix/wp/2013/02/13/the-minimum-wage-fight-explained/

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