Well, I would guess that they are going to find out the hard way that there is no difference between raising the *minimum wage* from $15/hr to $30/hr or even $500/hr. It all causes the same chaos in the labor market, albeit, there would be more chaos at larger amounts. They must truly hate the people of Seattle to do this kind of thing.

The unusual part was agreeing to the prespecified methods ahead of time. I think they did it because they're true believers and couldn't imagine the results going against them.

We all expected the subsequent chicanery.

Undisciplined

When Seattle was increasing their minimum wage, they hired economists to study it ahead of time and had them prespecify their empirical approach. That way they can’t adjust to get the desired results.

Well, they didn’t get the desired results. So, the city hired a new team of economists who would.

Right, isn’t that just the way economics and any other science works: pre-specify the results and the methods to get 

? It also doesn’t surprise me that this took place in, of all places, Seattle. They just can’t get enough communism there, can they/

econ

New Study: California’s $20 Minimum Wage Killed 18,000 Restaurant Jobs

Rothbardian_fanatic

> When Seattle was increasing their minimum wage, they hired economists to study it ahead of time and had them prespecify their empirical approach. That way they can’t adjust to get the desired results.
> Well, they didn’t get the desired results. So, the city hired a new team of economists who would.

Right, isn’t that just the way economics and any other science works: pre-specify the results and the methods to get **the results you are paying for**? It also doesn’t surprise me that this took place in, of all places, Seattle. They just can’t get enough communism there, can they/
