Freakonomics Maxes Out On The Minimum Wage

You can always count on the Freakonomics podcast to challenge conventional wisdom. It is the podcast’s imprimatur.

In the latest episode just released, Stephen Dubner dives headfirst into the rhetorical and politically charged mud pile called “the minimum wage debate.”

During the episode, established beliefs are challenged. Even though roughly three-quarters of the published economic research argues that raising the minimum wage leads to job loss, a significant portion of newer research essentially argues the opposite.