From the Las Vegas Sun:
The labor market problems that these higher minimum wages are intended to fix are very real. But would a higher wage floor address the underlying problems? A large body of research shows that the answer is almost certainly no, and that there are better solutions, although these solutions are harder for policymakers to embrace. … David Neumark is Chancellor’s Professor of Economics and director, Center for Economics & Public Policy, at University of California, Irvine.
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