Weighing In Against the Minimum Wage

by Don Boudreaux on July 28, 2006

in Prices, Regulation, Seen and Unseen, Work

In my view — expressed today in my latest essay at Tech Central Station — the empirical fact that economics empirical studies are so extraordinarily challenging, combined with the ambiguity of the findings of recent empirical studies of the effects of minimum-wage legislation, gives us good reason to accept the theoretical case against the proposition that minimum-wage legislation helps low-skilled workers.

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