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Benefits to Raising Ontario Minimum Wages

While simple demand-and-supply economic models predict that an increase in the minimum wage increases unemployment, this story looks at what happens to those predictions when you take into account how the increased incomes of minimum wage workers leads to increased demand for business products and services. [...]

Benefits to Raising Ontario Minimum Wages2020-05-10T09:04:50-04:00

Arguing for Free Trade in a Post-Trump World

Anti-trade and anti-globalization positions helped elect Donald Trump, and economists' traditional arguments for free trade are being ignored. In fairness to the anti-traders, the outcomes of extended trade (especially with China) have left many workers in manufacturing worse off. In teaching about the gains from trade, how do we [...]

Arguing for Free Trade in a Post-Trump World2020-05-07T15:52:50-04:00