To the List:
I want to amend my earlier words that appeared to criticize the merits and accuracy of
the Card/Krueger work on the negative employment benefits of the minimum wage. A
fellow armchair member just informed me offlist that our List owner is a product of
Princeton University and that my comments could be construed as an indictment of their
world-class academic tradition.
I stand corrected. The Card Krueger study and follow up book were a much-needed
addition to the body of work surrounding the minimum wage. The empirical work in
support of their findings, while called into question by a few reactionary critics,
was well above average in terms of quality and coverage. I for one hope to add their
book to my personal library, a library complete save for this one monumental work.
My apologies to the List.
J. Morrison
New York, NY