Does the minimum wage hurt the poor?
- August 23, 2012
- David Neumark, economics Chancellor’s professor and Center for Economics & Public Policy director, is interviewed on NPR's Marketplace August 23, 2012
From NPR Marketplace:
Recently, Congressional Democrats introduced a bill that would raise the federal minimum wage from $7.25 to $9.80 over the next two years. It's not expected to make much headway this year, but it’s got people talking about the pros and cons of the idea. To get to the heart of this debate, I took two economists to the heart of minimum-wage country to have them hash it out... In one corner: Bob Pollin at the University of Massachussets at Amherst. In the other: David Neumark at the University of California, Irvine.
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