Increasing minimum wage to $.7.50/hr US hurts teens, creates disemployment

Chicago School Economist Becker and Judge Posner blog that the majority of minimum wage earners are wives earning pin money, part-timers, retirees supplementing incomes, teenagers getting work experience (References svp). Raising minimum wage will hurt the “really” poor. Is this Freakonomics? Friedman’s long shadow darkens future of most vulnerable

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