The research is in: The minimum wage mostly hurts the people it is intended to help. That’s the finding of David Neumark, economist and co-director of the Center for Population, Inequality, and Policy at the University of California, Irvine, and author of “Minimum Wages,” published by The MIT Press. Program host Keli’i Akina, president and CEO of the Grassroot Institute of Hawaii, interviews Neumark about his comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes, and his conclusion that, ultimately, minimum-wage laws are not a good policy tool.

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