How Minimum Wage Hikes Hurt Workers

Behold. Key observation from Tyler Cowen: “I would be skeptical or agnostic about some of those particular estimates, but surely the general point holds, and is hardly ever mentioned by advocates of hiking the minimum wage.” I don’t suppose that latter fact is going to change anytime soon.

Again, let’s do something for the middle class and working poor that will actually help the middle class and working poor, like raise the earned income tax credit.