"Many of us in the economics profession recognize that the minimum wage is a terrible and cruel public policy, one that reduces employment opportunities for the most vulnerable Americans.
"Much of Hanauer's argument in support of raising the minimum wage to $15 an hour is based on some questionable empirical evidence....(the study cited by Hanauer) has not been taken seriously by the economics profession..."
Wednesday, October 26, 2016
The Case Against Minimum Wage Redux
The case for ANY minimum wage - let alone a fifteen dollar per hour one - does not exist