There is perhaps no greater cognitive dissonance thari that which exists between the view that economists and non economists have about the minitniini wage law. According to the latter; most recently articulated by President Clinton in an attempt to raise the level of coverage from $5.15 to $6.15, this law is all that stun& betweri pQorer working Americans and a continued loss in the purchasing power of their salaries. However; as the present paper points out, this is a stlare arid a delusion.

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... he minimum wage actually creates unemployment for the unskilled. Far from benefitting them, it is a positive hann to those at the bottom of the labor market.