So what should be made of the new minimum wage research? Each of the four studies examines a different piece of the minimum wage/employment relationship. Three of them consider a single state, and two of them look at only a handful of firms in one industry. From these isolated findings Card and Krueger paint a big picture wherein increased minimum wages do not decrease, and may increase, employment. Our view is that there is something wrong with this picture. Artificial increases in the price of unskilled laborers inevitably lead to their reduced employment; the conventional wisdom remains intact.

I used to think the word homemaker was strange, but I’ve come to realize that women used to actually do quite a bit to actually make a home. Today’s working woman probably feels more like a housekeper.