Introducing David Card, the 2021 Nobel Prize in Economics winner who made the minimum wage respectable
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra
Andrew Brodhead/Stanford Every year Australia’s Fair Work Commission considers whether to raise the minimum wage. And every year business leaders warn doing it will cost jobs.
This year’s Nobel Prize in economics has been awarded to US-based economist David Card for his work with Alan Krueger in reversing this perception.
Before Card...
