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Thank you for a great AU 2018! - Acton University 2019: June 18 - 21

Pitfalls of Government Intervention: Minimum Wage and Easy Credit

Session 3
Introductory Course

This lecture will take two examples of government interventions that are intended to have beneficial effects, especially for low income groups. It will look at the theory of who might benefit and lose from the measures and evaluate the theory using the available evidence. These issues are important. In the case of minimum wages, the ability of the less well off to earn a living is at stake. In the case of easy credit, arguably, it was one of the causes of the financial crisis.

Instructor Info

Philip Booth, Ph.D.

Professor of Finance, Public Policy and Ethics and Director of Research and Public Engagement, St. Mary’s University, Twickenham

Philip Booth
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