Last updated on: 3/23/2016 11:29:55 AM PST | Author: ProCon.org

Kevin A. Hassett, PhD Biography

Title:
Director of Economic Policy Studies at the American Enterprise Institute (AEI)
Position:
Con to the question "Should the Federal Minimum Wage Be Increased?"
Reasoning:

“Facts clearly demonstrate that raising the minimum wage is a bad idea.

The case against raising the minimum wage is straightforward: A higher wage makes it more expensive for firms to hire workers. How big an effect does this have on the job market? Economists debate this. But no one argues that increasing the minimum wage increases the number of unemployed workers who find jobs. In the end, the trade-off is clear. People who keep their jobs get more money; those who lose their jobs, or fail to get new ones, suffer.”

Cowritten with Michael R. Strain, “The Minimum Wage Debate,” Los Angeles Times, Mar. 10, 2013

Theoretical Expertise Ranking:
Experts
Individuals with PhDs, JDs, or equivalent advanced degrees in fields relevant to the minimum wage. Also top-level government officials (such as foreign leaders, US presidents, Founding Fathers, Supreme Court Justices, members of legislative bodies, cabinet members, military leaders, etc.) with positions relevant to the minimum wage.
Involvement and Affiliations:
  • State Farm James Q. Wilson Chair in American Politics and Culture, American Enterprise Institute (AEI), Feb. 2014-present
  • Columnist, National Review, 2005-present
  • Director of Economic Policy Studies, AEI, 2003-present
  • Resident Scholar, AEI, 1997-Present
  • John G. Searle Senior Fellow, AEI, Dec. 2012-Feb. 2014
  • Economic Advisor, Mitt Romney presidential campaign, 2012
  • Columnist, Bloomberg, 2005-2011
  • Senior Economic Adviser, John McCain presidential campaign, 2008
  • Economic Adviser, George W. Bush presidential campaign, 2004
  • Visiting Professor, New York University Law School, 2008
  • Chief Economist, John McCain Presidential Campaign, 1999-2000
  • Senior Economist, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 1995-1997
  • Economist, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 1992-1995
  • Associate Professor, Graduate School of Business, Columbia University, 1993-1994
  • Assistant Professor, Graduate School of Business, Columbia University, 1989-1993
  • Education:
  • PhD, Economics, University of Pennsylvania, 1990
  • BA, Economics, Swarthmore College, 1984
  • Contact Info:
    Phone
    202-862-7157
    Email
    [email protected]
    Website
    AEI profile
    Other:
  • Member of the Board of Scholars, American Council for Capital Formation, Center for Policy Research, Nov. 2001-present
  • Fellow, Sloan Foundation, 1987-1988
  • Fellow, University of Pennsylvania, 1984-1986
  • Has been published in Wall Street Journal, Atlantic Monthly, USA Today, and Washington Post
  • Has appeared on the Today show, CBS Morning Show, Newshour with Jim Lehrer, Hardball, Moneyline, and Power Lunch
  • Quoted in:
    Should the Federal Minimum Wage Be Increased? – Pro & Con Quotes