Les Andrews

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Decades after Professor Lester’s challenge to traditional economic analysis, other economists, also at Princeton, again challenged traditional economic analysis on the basis of survey research, though now by surveying the same employers before and after a minimum wage increase, and asking each time how many employees they had. The answers convinced the Princeton economists that the minimum wage increase had not reduced employment. They and their supporters therefore declared the traditional analysis to be a “myth” that had now been “refuted.”
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Discrimination and Dis...
 
by
Thomas Sowell
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