Krueger isn't just a pretty face, say his economic peers
- August 30, 2011
- David Neumark, economics professor, is quoted in the Daily Caller August 30, 2011
From the Daily Caller:
During the course of his two-decade career, [Alan] Krueger has tackled some controversial subjects and produced conclusions that might alienate Democratic-aligned advocates. For example, he has argued that extra education spending doesn't necessarily improve education, and that the formal removal of affirmative-action rules in California and Texas did not significantly disrupt the education of highly qualified non-white students. But Krueger has also sidestepped some other hot-button issues. In a series of studies examining the impact of minimum wage laws on employment, he ignored the impact of immigration, which tends to increase the supply of low-wage unskilled workers. "I don't think that's anything unusual," said David Neumark, an economics professor at the University of California, Irvine. Economists have little reliable data on the size and scale of underground economies, Neumark reasoned.
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