Progressive city councils (Hello, Seattle and Los Angeles!) and state governments (Hiya, California!) have a lot to answer for: pricing out of the job market the very people they claim to want to help — young people and the poor.
You would think the negative effects of a higher minimum wage in Seattle would be all the evidence that’s needed, but I’ve noted before that many people decide this issue based on emotion rather than logic.
So even though we have lots of evidence already that wage mandates cause joblessness (especially for minorities), let’s add to our collection.
Here are some excerpts from a Wall Street Journal column by Professor David Neumark from the University of California Irvine.
Economists have written scores of papers on the topic dating back 100 years, and the vast majority of these studies point to job losses for the least-skilled. They are based on fundamental economic reasoning—that…
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