Creation Quote by Zanny Minton Beddoes

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity…

— Paul Krugman

Raising the minimum wage represents a substantial financial burden for employers, particularly start-ups, early stage companies, and family-owned businesses. In response, business owners would…

— Fabrizio Moreira

Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages,…

— Henry Hazlitt

[W]e have a lot of evidence on what happens when you raise the minimum wage. And the evidence is overwhelmingly positive: Hiking the minimum…

— Paul Krugman

Raising the minimum wage to $10.10 will benefit about 28 million workers across the country. And it will help businesses, too - raising the…

— Thomas Perez

Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed incalculable harm on the disadvantaged members of our…

— Walter E. Williams

“We’re taught to think of the minimum wage as a mechanism for helping people earn more. What it actually does is prevent people from…

— Don Watkins

Businesses generally deal with minimum wage increases by finding efficiencies in their business practices or slightly increasing prices if they have to, not cutting…

— David Rolf

The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then.…

— John Raese

Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances,…

— Ha-Joon Chang

In the general economy, you get government involved in making market decisions - first of all, they're going to get it wrong. For a…

— Ron Johnson

Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking…

— Nick Hanauer