Greg Mankiw's Blog: The CEA Fact Checkers Miss One: "'Some say it actually hurts low-wage workers -- businesses will be less likely to hire them. But there’s no solid evidence that a higher minimum wage costs jobs.'
From my perspective, the last sentence is just incorrect. There is a lot of work by reputable economists that finds adverse employment effects of a higher minimum wage. In a poll of top economists, as many say they believe that the adverse employment effect is noticeable as those that say the opposite."
'via Blog this'