Should Congress Raise the Minimum Wage?: A Debate with Lee Ohanian and Daron Acemoglu

With a new administration in Washington, there has been much talk this winter about raising the federal minimum wage. Proponents argue that this is a necessary step to ensure families can earn a living wage. But detractors argue such a policy would destroy jobs and important human capital-building opportunities. On April 7, 2021, the Adam Smith Society held a lively debate on the merits and drawbacks of raising the minimum wage with UCLA professor Lee Ohanian and MIT professor Daron Acemoglu, moderated by the Wall Street Journal’s Eric Morath. (Hosted by CMU Tepper and Pitt Katz chapters.)
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