Video: The Unintended Consequences of Labor Policy
Did you know that raising the minimum wage harms the low-skilled workers the policy is meant to help?
Or that prevailing wage laws artificially increase the cost of public works projects at the expense of lower taxes or expanded government services?
Associate Professor of Economics Matthew Rousu joins us for a wide-ranging discussion on Pennsylvania’s labor policy in our latest Google+ Hangout and podcast.
Matt teaches at Susquehanna University in Selinsgrove, Pa., and has written on economics for Forbes and US News and World Report as well as for Pennsylvania newspapers The Patriot-News and The Philadelphia Inquirer.
Matt helps us rethink the impact of economic policies that seem beneficial on the surface but have unintended negative consequences.
Click here for an audio-only podcast version.
Want to hear more from Professor Rousu? Visit his blog on economic policy at paeconomist.blogspot.com.