There are better – but harder – solutions than raising minimum wage (op-ed)
- May 17, 2015
- David Neumark, economics Chancellor’s Professor, weighs in, courtesy of the Las Vegas Sun May 17, 2015
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.
For the full story, please visit http://lasvegassun.com/news/2015/may/17/there-are-better-harder-solutions-raising-minimum-/.