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Economy See other Economy Articles Title: Yes, the Minimum Wage Harms the Economy
Source:
Ludwig Von Mises Institute
URL Source: https://mises.org/wire/yes-minimum-wage-harms-economy
Published: Jan 25, 2023
Author: André Marques
Post Date: 2023-01-25 23:19:22 by Charles_Byrd
Keywords: None Views: 82
The 2021 Nobel Prize in Economic Sciences was awarded to David Card, Joshua Angrist, and Guido Imbens. David Card received the award for his paper (coauthored with Alan Krueger) Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania. This was used by some as scientific proof that the minimum wage does not create unemployment and should be raised. However, this is untrue, and even Card and Krueger do not draw this conclusion. Click for Full Text! Post Comment Private Reply Ignore Thread
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