The Minimum Wage Trap

Brief Analyses | Minimum Wage

No. 201
Wednesday, April 24, 1996
by Bruce Bartlett

With the exception of the Card-Krueger findings, virtually every major study that has ever been done has found significant job losses from an increase in the minimum wage. But even if one accepts the Card-Krueger findings, evidence of other unfavorable effects makes an overwhelming case that the minimum wage should not be raised and that, in fact, abolishing it would do more for those it is intended to help.

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