University of California, Irvine economists David Neumark and Brittany Bass and Brian Asquith of the National Bureau of Economic research studied the long-term effects of anti-poverty initiatives in struggling neighborhoods, looking at how minimum wage and welfare policies have impacted poverty rates over the past three decades. They found that rather than improving impoverished communities — as they are designed to do — they hurt poor areas.


For the full story, please visit https://www.ocregister.com/2018/07/10/minimum-wage-hikes-a-poor-path-to-prosperity/.

 

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