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user-inactivated  ·  3913 days ago  ·  link  ·    ·  parent  ·  post: Some thoughts on minimum wage

From what I've read, some economists thought Germany was running into poverty problems because of their lack of a minimum wage? I'm not sure of the details.

I'm not entirely sure having different minimum wages by industry is a good idea either, because unless done very carefully it adds an exogenous incentive toward certain jobs that can't be good for a free market.