Marshall/Rex Shutterstock via ZUMA The minimum wage debate has settled into a dreary format: you can pretty much guess what a paper concludes just by reading the author’s name on the title page. The latest entry is from Grace Lordan and David Neumark, and since Neumark has never met a minimum wage he liked, it’s a pretty good guess that his latest paper describes job losses from increases in the minimum wage. Sure enough, it does.
That doesn’t mean he’s wrong, though, and the issue described in the paper is a real one: a higher minimum wage increases the financial […]
Full Post at www.motherjones.com