Description: This groundbreaking study by economist John M. Peterson upends conventional wisdom on minimum-wage policy, introducing a pioneering new measure, the relative minimum-wage impact, to reveal the often-overlooked disemployment effects hitting retail trade, low-wage manufacturing, and regional labor markets across the North and South, making it essential reading for anyone grappling with wage regulation, employment policy, and the ongoing fair labor standards debate.
Minimum Wages: Measures and Industry Effects by John M. Peterson deals with the adverse effects of minimum wages on employment by industry.