"Liberal advocacy groups who argue in favor of a higher minimum wage have a tough job: Faced with mountains of data countering their argument that wage mandates don't cost jobs, they struggle to find their intellectual footing.
They often display a Potemkin village of 665 economists
who subscribe to a theory that suggests labor costs don't factor into hiring decisions. First compiled and promoted by the union-backed Economic Policy Institute, this list of 665 economists is the default appeal to authority the pro-hike activist groups rely on. The list was even inserted into the Congressional Record by Congressman George Miller, D-Calif., during the last debate over raising the federal minimum wage.
Most recently, the list was cited in a report released jointly by the Fiscal Policy Institute and the National Employment Law Project arguing in favor of a new wage mandate in New York City. An examination of the list by the Employment Policies Institute (EPI) reveals that many of the "experts" supporting wage hikes don't specialize in labor economics. Some aren't even economists at all.
You can believe decades of consensus. Or you can choose to believe the 665 "experts" who say that the minimum wage has no impact on employment. As the White Queen said to Alice, "Why, sometimes I've believed as many as six impossible things before breakfast."