Hoover Institution

Q&A: Limits of Minimum Wage Policy | David Neumark | HISPBC

Minimum wage increases deliver limited benefits to poor households while shifting costs to consumers and small employers, directing attention toward alternative anti-poverty policies—such as the Earned Income Tax Credit—that target family income more precisely and reinforce work incentives. Watch Part I, "Minimum Wage Policy and Poverty", https://youtu.be/eE0SoJF8OO0 Watch Part II, "Minimum Wage: Evidence and Effects", https://youtu.be/eE0SoJF8OO0 Check out more from David Neumark: - Read "The Minimum Wage Is a Dead End" by David Neumark here: https://www.thefreedomfrequency.org/p/the-minimum-wage-is-a-dead-end - Read "Minimum Wages and Race Disparities" by David Neumark here: https://www.nber.org/system/files/working_papers/w33167/w33167.pdf - Read "Accounting for City Size, Minimum Wages Reduce Jobs Almost Everywhere" by David Neumark here: https://www.promarket.org/2025/09/18/accounting-for-city-size-minimum-wages-reduce-jobs-almost-everywhere/ Learn more about David Neumark here: https://www.hoover.org/profiles/david-neumark Recorded on August 14, 2025. __________ The opinions expressed in this video are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2026 by the Board of Trustees of Leland Stanford Junior University. 🔔 Subscribe for more discussions: ⁨ @HooverInstitution 👍 Like and share this video! 🌐 Follow the Hoover Institution on social media: • Facebook: https://www.facebook.com/HooverInstStanford • LinkedIn: https://www.linkedin.com/company/hoover-institution-at-stanford-university • Instagram: https://instagram.com/hooverinstitution • X: https://www.twitter.com/HooverInst