From the Christian Science Monitor:
Economists haven’t reached a consensus on the optimum minimum wage policy. White House economist Alan Krueger is known as a proponent of the idea that the minimum can be raised without having adverse effects on employment. But when two other economists, David Neumark of the University of California, Irvine and William Wascher of the Federal Reserve Board, surveyed studies that have been done over the past two decades, they found the evidence weighted toward the view that boosting the minimum wage has at least modest negative effects on job creation.

For the full story, please visit http://www.csmonitor.com/USA/Politics/2013/0820/Minimum-wage-at-15-an-ho....
 

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