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
- Harris Adopted Economic Policy That Experts Worry Could Harm Tipped Workers
- Study: Tipped wage hikes have no impact on reducing earnings gaps
- Opinion: Higher taxes are on the horizon. Don't let them spoil your retirement.
- What would eliminating taxes on tips mean?
- Opinion: Blinder misrepresents minimum wage studies
connect with us