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Seven Nobel Prize-winning economists endorse increase in minimum wage

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Dozens of top economists, including seven winners of the Nobel Prize for economics, have signed a letter approving of Democrats' bid to raise the minimum wage. Addressed to congressional leaders, the open letter organized by the left-leaning Economic Policy Institute recommends legislation introduced by Sen. Tom Harkin, D-Iowa, and Rep. George Miller, D-Calif., that would increase the federal...

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