Out to Lunch: California’s $20 Fast-Food Wage

May 21 · 47 min · Episode 92 · 46.0 MB

0:00-47:56

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California’s $20 fast-food minimum wage cut employment by roughly 18,000 jobs and pushed up restaurant prices. Cato’s Ryan Bourne talks to UC San Diego economist Jeff Clemens about California’s wage-floor experiment—and the broader lessons for state and federal minimum wage policy.

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