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Does a Minimum Wage Really Help the Poor?

By Doug Goldstein, CFP®

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August 21, 2013, 10 AM ET

In the second part of the Goldstein on Gelt podcast this week, Professor Walter E. Williams, economics professor at George Mason University and author of Race and Economics: How much can be blamed on discrimination? discusses why setting a minimum wage is not the ideal solution for unemployment and poverty. Listen to more of Professor Williams’ unique ideas about the economy on this week’s show.

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