The Very Idea of Applying Economics: The Modern Minimum-Wage Controversy and Its Antecedents
探讨经济学家之间罕见公开的最低工资争议,指出该争议对经济学作为政策科学的地位至关重要,而非对经济本身有重大影响。
Disagreements among economists rarely breach the academy's walls. The recent minimum-wage controversy is a significant exception. At first glance, all the sound and fury is a puzzle. 1 Minimum-wage effects, at least for current U.S. magnitudes, are small potatoes. 2 Of several more important policy concerns-entitlement reform, health insurance, CPI calculation, for example-none has generated anything like the vituperation that has characterized the minimum-wage controversy. But if the minimum-wage controversy is not especially important to the economy, it is very important to economics, and, thereby, to the status of economics as a policy science.