Madsen Moment – The Minimum Wage

Written By Matt Kilcoyne

On Monday we gathered in Parliament's Terrace Pavilion to hear Professor David Neumark deliver the annual Adam Smith Lecture. This year it was on the impact of the Minimum Wage in the USA and the UK.

Building on what we heard at the lecture, Dr Pirie uses this week's Madsen Moment to explain why the policy fails its most basic test – helping the poor.

This year the Adam Smith Lecture was delivered at Parliament on the Minimum Wage. Dr Madsen Pirie explains why the policy fails its basic requirement - to help the poorest.
Matt Kilcoyne
Previous

It's definitely, absolutely, a measurement error - just, well, how large a one is it?

Next

Reality in the NHS