David Neumark, an economist at the University of California, Irvine who’s emerged as [Arindrajit] Dube’s No. 1 intellectual foe, says that if reducing poverty is the objective, it would be better to raise the earned-income tax credit, which is for low- and moderate-income workers. Neumark’s view is shared by conservatives in Congress and trade groups such as the National Restaurant Association. 

For the full story, please visit https://www.bloomberg.com/news/articles/2021-02-03/minimum-wage-arindrajit-dube-on-economic-impact-of-15-an-hour?srnd=premium-middle-east. 

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