Dr. Richard Vedder, Director of the Center for College Affordability and Productivity and Professor Emeritus of Economics at Ohio University, was quoted in multiple media outlets and websites.
- The Employment Policies Institute asks “Does the Minimum Wage Reduce Poverty?,” leading with, “This study by economists Richard Vedder and Lowell Gallaway shows convincingly that minimum wages, because of inefficient targeting of the poor and unintended adverse consequences on employment and earnings, are ineffective as an antipoverty device. The report relies on an impressive array of empirical evidence showing that, however one views the data, in the United States, state and federal minimum wages have not reduced poverty.”
- WorkPlaceChoice.org in an article on “Right to Work Should Be on the Agenda in Ohio and Wisconsin” quoted Vedder’s study on An Interstate Analysis of Right to Work Laws, “which presents the results of an economic analysis of the impact of right-to-work laws from 1977-2012 on ‘state economies, and ranks states’ per capita income loss from not having a Right to Work law,’ while controlling for variables like population growth, manufacturing, and education level. Overall, the study finds a statistically significant and positive relationship between economic growth in a state and the presence of a right-to-work law.”
- Is College worth the debt? Douglas Belkin of the Wall Street Journal quotes Dr. Vedder in a story “For Some Graduates, College Isn’t Worth The Debt” discussing new data by the Federal Reserve Bank of New York.
- The New York Times article “Making Top Colleges Less Aristocratic and More Meritocratic” by Peter Dreier and Richard D. Kahlenberg quote Dr. Vedder in a discussion on endowment taxation. “Richard Vedder, an economist, estimates that the public subsidy of these tax breaks cost the government about $45,000 per pupil at Princeton in lost taxes.” They are citing, “Princeton Reaps Tax Breaks as State Colleges Beg,” from 2012.
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