Ep. 1864 Gene Epstein on More Bad Arguments for the Minimum Wage

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 27 March 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Gene Epstein joins us to refute a Dean Baker article claiming that another reason to raise the minimum wage is that it has not kept pace with increases in productivity. Gene has the numbers, as usual. Sponsor: If you're tired of doom and gloom in your financial analysis, Merk Research offers a balanced, unbiased approach to the market and economy. Get a three-month free trial of their material at

Transcript

Click on a timestamp to play from that location

0:00.0	The Tom Wood Show, Episode 1864,
0:03.5	prepared a set fire to the index card of allowable opinion.
0:08.0	Your daily dose of liberty education starts here.
0:11.6	The Tom Wood Show.
0:14.5	Hey folks, you know as well as I do, the conventional wisdom is so often
0:18.4	not just wrong, but catastrophically wrong.
0:21.2	And if we don't challenge it, it will keep on doing damage.
0:24.6	One such narrative, the claim that deregulation caused the financial crisis of 2008.
0:30.4	That's totally false and you should be able to smash that at a moment's notice.
0:34.3	You can do so with my free ebook, The deregulation boogieman.
0:39.2	Check it out at regulation myths.com.
0:43.0	Hey everybody, Tom Woods here.
0:44.4	Our good friend Jean Epstein is back today.
0:46.8	Jean, of course, is formerly the economics and book review editor at Barons.
0:51.1	And now currently he is the director of the Soho Forum, an outstanding debate series that,
0:57.2	unfortunately, because of what happened in New York had to go virtual for a while.
1:01.0	But is now, once again, having in-person debates,
1:04.0	we're going to talk about another one coming up here in Florida.
1:07.2	But first, I asked Jean to come on today because I wanted to get a reply to an article
1:12.7	somebody posted on Facebook.
1:15.2	Somebody I'm friends with posted an article by Dean Baker about the minimum wage,
1:20.2	claiming there's a lot of room to raise the minimum wage and that in particular,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tom Woods, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tom Woods and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.