The $15 minimum wage crowd tries a bait and switch
The $15 minimum wage crowd tries a bait and switch
- September 25, 2017
- David Neumark, economics, goes "under the hood" of the $15 minimum wage debate in new Wall Street Journal piece
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Does the minimum wage destroy jobs? The debate over that question often reduces to dueling economic studies. One side cites analyses showing that employers respond to a wage floor by cutting hours or jobs. The other side pulls out studies saying the minimum wage is a free lunch for workers. To really understand what’s going on, you need to get under the hood.
Read on, courtesy of The Wall Street Journal (subscription required).
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