Examining the Effects of a Minimum Wage on the Labor Market—An Experiment

November 21, 2014

Vance Ginn, Ph.D.

Vance Ginn, Ph.D., is an accomplished economist finding free-market solutions that let people prosper. He is founder and president of Ginn Economic Consulting where he provides high-quality research and trusted insights on how to affect change at the federal, state, and local levels. Ginn’s experience includes time in public policy, government, and academia. He is chief economist at Pelican Institute for Public Policy and a senior fellow at several think tanks, including at Americans for Tax Reform, Texas Public Policy Foundation (TPPF), and Young Americans for Liberty.

This experiment provides an interactive exercise to help the public understand how the labor market works and how a government mandated price control—the minimum wage—affects this market.

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