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#104 Planet Money: The Riddle of Minimum Wage

#104 Planet Money: The Riddle of Minimum Wage

Planet Money vor 16 Jahren

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On today's Planet Money:

You've got economic riddles, and economists have answers.

First up, Emily Oster of the University of Chicago Booth School of Business tackles the question about minimum wage. Why is that cities that have raised their minimum wages so often have lower rates of joblessness and healthier economies?

Second, Robert Frank of Cornell wrestles with the question of why software companies set such widely varying prices for essentially the same software.