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DEBATE OVER THE MINIMUM WAGE LAW

DEBATE OVER THE MINIMUM WAGE LAW

ABSTRACT. This is a debate between two economists regarding the effects of minimum wage legislation. One of these economists is a professor at the Wharton School; his son is a student at Loyola University New Orleans. The other is a professor at the latter institution, and instructor of the former’s son. This interchange took place during the spring semester, 2012. pp. 11–33
JEL Classification: J18, J38, J64

 

Keywords: minimum wage, unemployment, economic methodology

 

PETER CAPPELLI
cappelli@wharton.upenn.edu
The Wharton School
University of Pennsylvania
WALTER E. BLOCK
wblock@loyno.edu
Joseph A. Butt, S.J. College of Business
Loyola University New Orleans