How to Make the Poor Poorer

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This is an opinion item.

Author(s) Gary Becker, Richard Posner
Source The Wall Street Journal
Date January 26, 2007
Quotes-start.png "Although some workers benefit -- those who were paid the old minimum wage but are worth the new, higher one to the employers -- others are pushed into unemployment, the underground economy or crime. The losers are therefore likely to lose more than the gainers gain; they are also likely to be poorer people." Quotes-end.png

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This item argues against the position Act should be passed on the topic Fair Minimum Wage Act of 2007.