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Review of the Book 'Minimum Wage Regulation in the United States'

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Abstract

[Excerpt] Why yet another book on minimum wages in the United States, especially one that follows so closely on the heels of the 1981 Report of the Minimum Wage Study Commission and parallel studies (including another one by Fleisher) sponsored by the American Enterprise Institute? The author's goal here is to evaluate minimum-wage regulation in light of its benefits and costs as an antipoverty device; and most of his book is based on his interpretation and evaluation of the existing literature, including the large body of recent research. The book is written in a nontechnical fashion for nonspecialists (frustrated econometricians will search in vain for an equation or even a Greek symbol), and the author succeeds quite well in keeping the writing lively and in presenting a well-reasoned argument. One would have expected no less from the co-author of a well-written textbook in labor economics.

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1984-10-01

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minimum wage; regulation; poverty; United States

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Government Document

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Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.

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unassigned

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