Jared Bernstein agrees with David Neumark on the minimum wage (Opinion)
Jared Bernstein agrees with David Neumark on the minimum wage (Opinion)
- December 16, 2015
- Research by David Neumark, economics Chancellor’s Professor, is featured by Forbes Dec. 16, 2015
From Forbes:
David Neumark [UCI] has an excellent little piece in The Wall Street Journal on the
unemployment effects of the minimum wage. … Neumark makes an entirely valid point
though: Some proponents defend a higher wage on other grounds, such as fairness, or
compensating for the low bargaining power of low-skill workers. But let’s not pretend
that a higher minimum wage doesn’t come with costs, and let’s not ignore that some
of the low-skill workers the policy is intended to help will bear some of these costs.
For the full story, please visit http://www.forbes.com/sites/timworstall/2015/12/16/jared-bernstein-agrees-with-david-neumark-on-the-minimum-wage/.
Share on:
Related News Items
- Here come the fast-food robots
- Jon Coupal: ULA tax numbers expose economic ignorance
- Opinion: Black and Hispanic youths pay the biggest price for minimum wage hikes
- Fast food chains, workers are bracing for California's minimum wage increase: What to know
- Opinion: California's crazy 'fast food' minimum wage takes effect
connect with us