"So what are the effects of increasing minimum……" — Paul Krugman

"So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment."

Paul Krugman

75 Quotes by Paul Krugman

Paul Krugman has 75 quotes on this site. A few more worth reading:

See all 75 quotes by Paul Krugman »

More Answer Quotes

This quote is filed under Answer Quotes, one of 4,553 quotes in that category. Here are a few more:

See all 4,553 Answer Quotes »