Source: Oren M. Levin-Waldman, Challenge: The Magazine of Economic Affairs, Volume 58, Issue 1, January/February 2015
From the abstract:
There has been a growing chorus in favor of a much higher minimum wage. But the ongoing pressure from orthodox economists keeps a lid on just how high the rate can go. Even when new empirical data show that a higher minimum wage does not cost jobs, the orthodoxy remains convinced it will. Why is this? Few examinations are as thorough as the author presents here. It is a tour de force of analysis about why orthodox views that a hike in the minimum wage will be costly to the economy overall remain.