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Quotation of the Day…

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… is from page 252 of David Neumark’s and William L. Wascher’s 2008 book, Minimum Wages [2] (footnote and citation deleted; link added):

At any particular time, it is relatively easy to identify the beneficiaries of a minimum wage increase, and most affected workers will, in fact, see their earnings rise as a result of a higher minimum wage (i.e., there are likely more winners than losers).  In contrast, much of the negative effect that minimum wages have on low-skilled employment may reflect a reduction in hiring rather than an increase in separations.  As a result, it is often difficult to explicitly identify those individuals who would have been employed in the absence of a minimum wage increase.  In that regard, [Charles] Brown notes [3] that “an absence of evidence of widespread discharges following minimum wage increases has led some supporters of the minimum to doubt that it was causing any significant loss of employment,” a view that he characterizes as a “logical error.”

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