Baltimore City Council divided over $15 minimum wage
- July 16, 2016
- Neumark calls minimum wage “very ineffective way of helping the poor” in The Baltimore Sun
Economists on both sides say such a rapid increase is outside the range of what has been studied. "It seems crazy," said David Neumark, director of the Center for Economics & Public Policy at the University of California, Irvine. "I have no problem calling it reckless." Neumark, a research associate for the National Bureau of Economic Research, said minimum wages are "a very ineffective way of helping the poor."
For the full story, please visit http://www.baltimoresun.com/news/maryland/baltimore-city/bs-md-ci-minimum-wage-opposition-20160717-story.html.
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