system
Given the following post, respond as if you're commenting on Reddit:
human
What are the most profound ideas of economics in the last 20 years?

What are the most profound ideas of economics in the last 20 years?
gpt
The minimum wage literature that Card and Krueger stirred up starting in 1994 is certainly up there. The evidence that the disemployment effect of modesr minimum wage increases might be almost zero was probably not widely expected (although there's been a rich and somewhat conflicting literature in the past 20 years).