December 16, 2008

New Book from MIT on Minimum Wages

New Book from MIT on Minimum Wages

A new book published by MIT and written by economists concludes that minimum wage laws reduce employment opportunities for less-skilled workers, reduce their earnings, do not reduce poverty, and have long-term adverse effects on wages and earnings by reducing the acquisition of human capital.

http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=11659

December 2008
$40.00
ISBN-10: 0-262-14102-7
ISBN-13: 978-0-262-14102-4
Minimum Wages
David Neumark and William L. Wascher

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