Repair Needed

The reading section has a pothole that needs to be repaired, and until I get to it, this page serves as a temporary patch.

Economist David Card has argued that the traditional understanding of the minimum wage that the reading gives is wrong. He argues that the market for labor does not fit the assumptions of supply and demand. Search the Internet for "David Card" "minimum wage", or if you want a simple source, go to:

http://www.minneapolisfed.org/pubs/region/06-12/card.cfm

What is his argument and what is his evidence?

How big is the pothole that needs to be fixed?


Review Question back Next


 

Web

ingrimayne.com