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Author: | Dillow, C. |
Title: | Minimum wage myths |
Journal: | Economic Affairs
2000 : MAR, VOL. 20:1, p. 47-52 |
Index terms: | Incomes Employees Pay |
Language: | eng |
Abstract: | This paper casts doubt on the positive effects so often claimed for the recently-introduced national minimum wage (NMW) by its many supporters. It attacks the notion of the minimum wage as a "free lunch", arguing that its effects are often either negative or simply unknown. Those worst affected by its introduction are those the minimum wage most aims to help - the lowest income group. |
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