the latest Flash player

Doubling minimum wage a mistake: Economist

4:44 PM ET Tue, 3 Dec 2013

Martin Feldstein, Harvard University economics professor, shares his views on how raising the minimum wage to $15 an hour would impact the economy.

Watch CNBC Live TV

You May Like
‹
›
Latest Video
‹
- 01:46
  
  01:46 | 23 Mins Ago
  
  White House's Larry Kudlow says U.S. and China are talking at ‘all levels’
- 03:55
  
  03:55 | 29 Mins Ago
  
  Financials rebound after Monday’s sell-off
- 04:14
  
  04:14 | 33 Mins Ago
  
  Virginia Gov. Ralph Northam on landing Amazon’s new headquarters
- 04:53
  
  04:53 | 1 Hr Ago
  
  Full interview with Barry Bannister of Stifel
- 01:24
  
  01:24 | 38 Mins Ago
  
  The market only cares about trade and interest rates, says Stifel managing director
- 04:35
  
  04:35 | 44 Mins Ago
  
  Department of Justice's antitrust chief on regulating big tech
- 00:57
  
  00:57 | 35 Mins Ago
  
  News Update – Market Open
- 01:32
  
  01:32 | 1 Hr Ago
  
  Crystal City provides a lot of space for Amazon's HQ2
- 01:56
  
  01:56 | 1 Hr Ago
  
  Amazon to bring 25,000 jobs to Long Island City
- 02:45
  
  02:45 | 1 Hr Ago
  
  Amazon to put operations center in Nashville
- 03:33
  
  03:33 | 1 Hr Ago
  
  Stocks edge higher after Monday's tech sell-off
- 02:37
  
  02:37 | 1 Hr Ago
  
  Amazon confirms New York City, North Virginia for HQ2 sites
- 00:40
  
  00:40 | 1 Hr Ago
  
  Opening Bell, November 13, 2018
- 00:14
  
  00:14 | 1 Hr Ago
  
  Today's Bell Ringer, November 13, 2018
- 05:25
  
  05:25 | 2 Hrs Ago
  
  Futures higher one day after Dow falls 600 points
- 02:33
  
  02:33 | 2 Hrs Ago
  
  Home Depot could have a second U-turn today, says Budd Bugatch
- 08:20
  
  08:20 | 2 Hrs Ago
  
  US needs to look at all foreign tech companies in a similar way, not just China, says expert
- 01:38
  
  01:38 | 2 Hrs Ago
  
  Suzy Welch: Here's how long you should stay at a company
- 02:40
  
  02:40 | 2 Hrs Ago
  
  Boeing's 737 is critical to the company's investment thesis, says analyst
- 06:51
  
  06:51 | 3 Hrs Ago
  
  Have to stop thinking about FANG stocks as a group, says experts
- 03:09
  
  03:09 | 3 Hrs Ago
  
  Amazon HQ2 likely to bring home prices boom to Northern Virginia and NYC
- 04:28
  
  04:28 | 3 Hrs Ago
  
  Inside the 1MDB scandal, how Goldman Sachs is to fare out
- 00:52
  
  00:52 | 3 Hrs Ago
  
  The worst is ‘definitely over’ for RBS, says chairman
- 02:39
  
  02:39 | 3 Hrs Ago
  
  We have suffered economically because of Brexit, says RBS chairman
- 03:49
  
  03:49 | 3 Hrs Ago
  
  OPEC is getting snookered by Trump, says Black Gold Investors' Ross
- 03:17
  
  03:17 | 3 Hrs Ago
  
  Apple's iPhone sales will drive the stock in December, says analyst
- 01:56
  
  01:56 | 3 Hrs Ago
  
  US-China trade war will benefit European exporters, says CEPS director
- 01:50
  
  01:50 | 3 Hrs Ago
  
  Italy’s financial problem are self-made, says CEPS director
- 03:31
  
  03:31 | 3 Hrs Ago
  
  An inside look at Tesla's Gigafactory
- 04:30
  
  04:30 | 4 Hrs Ago
  
  Recession fears will grow after market finds a bottom, says Wall Street veteran
›
Top Video
‹
- 01:56
  
  01:56 | 1 Hr Ago
  
  Amazon to bring 25,000 jobs to Long Island City
- 01:24
  
  01:24 | 38 Mins Ago
  
  The market only cares about trade and interest rates, says Stifel managing director
- 05:25
  
  05:25 | 2 Hrs Ago
  
  Futures higher one day after Dow falls 600 points
- 02:33
  
  02:33 | 2 Hrs Ago
  
  Home Depot could have a second U-turn today, says Budd Bugatch
- 02:40
  
  02:40 | 2 Hrs Ago
  
  Boeing's 737 is critical to the company's investment thesis, says analyst
- 06:51
  
  06:51 | 3 Hrs Ago
  
  Have to stop thinking about FANG stocks as a group, says experts
- 03:49
  
  03:49 | 3 Hrs Ago
  
  OPEC is getting snookered by Trump, says Black Gold Investors' Ross
- 04:28
  
  04:28 | 3 Hrs Ago
  
  Inside the 1MDB scandal, how Goldman Sachs is to fare out
- 03:31
  
  03:31 | 3 Hrs Ago
  
  An inside look at Tesla's Gigafactory
- 03:17
  
  03:17 | 3 Hrs Ago
  
  Apple's iPhone sales will drive the stock in December, says analyst
- 04:38
  
  04:38 | 4 Hrs Ago
  
  Two Dow stocks to buy now
- 04:35
  
  04:35 | 4 Hrs Ago
  
  FAO Schwarz is coming back to NYC, here's what to expect
- 00:40
  
  00:40 | 4 Hrs Ago
  
  Sec. Mnuchin and Chinese official resume trade talks
- 00:54
  
  00:54 | 4 Hrs Ago
  
  Amazon to name NYC, Northern Virginia for HQ2
- 05:59
  
  05:59 | 5 Hrs Ago
  
  Home Depot shares rise after earnings beat street
- 13:12
  
  13:12 | 16 Hrs Ago
  
  Cramer explains the Apple-led sell-off and what could stop the declines
- 04:01
  
  04:01 | 19 Hrs Ago
  
  Market closes down 600 points as stocks continue to sell off
- 01:52
  
  01:52 | 20 Hrs Ago
  
  Buy the Best Buy dip? Which is safer: Lululemon or Kohl's? The traders take viewer questions
- 02:27
  
  02:27 | 20 Hrs Ago
  
  Tensions with China ramp up over intellectual property
- 02:44
  
  02:44 | 21 Hrs Ago
  
  What's it going to take to turn GE around?
- 03:21
  
  03:21 | 21 Hrs Ago
  
  These corrections are buying opportunities: Pro
- 03:35
  
  03:35 | 22 Hrs Ago
  
  How the California wildfires can affect utilities companies
- 02:57
  
  02:57 | 22 Hrs Ago
  
  Cheaper stocks will fare better under interest rate normalization, Cresset Wealth CIO says
- 01:52
  
  01:52 | 22 Hrs Ago
  
  Next year will be the Democrats vs. corporate America
- 04:05
  
  04:05 | 22 Hrs Ago
  
  GE's Culp will be like the last CEO: Sonnenfeld
- 01:48
  
  01:48 | 22 Hrs Ago
  
  Futures Now: Oil bounces after historic losing streak
- 03:57
  
  03:57 | 21 Hrs Ago
  
  Traders make a big bet on Yelp. Plus: options activity in Visa & Oracle
- 03:50
  
  03:50 | 23 Hrs Ago
  
  Starbucks upgraded to buy at Argus Research
- 01:41
  
  01:41 | 23 Hrs Ago
  
  Nasdaq wipes out monthly gains
- 03:00
  
  03:00 | 23 Hrs Ago
  
  General Electric shares hit lowest level since March 2009
›
Must Watch Videos
‹
- 03:15
  
  03:15 | 11:43 AM ET Fri, 9 Nov 2018
  
  How a former Navy SEAL commander raises his kids
- 02:10
  
  02:10 | 19 Hrs Ago
  
  The market sold off big today—here’s what four experts say investors should be watching
- 04:37
  
  04:37 | 6:00 PM ET Sat, 10 Nov 2018
  
  This small-rocket unicorn wants to be the FedEx of space
- 05:51
  
  05:51 | 8:59 AM ET Sat, 10 Nov 2018
  
  Religious leaders are using tech marketing tactics to get more Bay Area residents to church
- 03:14
  
  03:14 | 1:40 PM ET Fri, 9 Nov 2018
  
  How this couple retired in their 30s with more than $1 million saved
- 02:52
  
  02:52 | 5:57 PM ET Thu, 25 Oct 2018
  
  How this Instagram millionaire built a billion-dollar beauty brand
- 03:50
  
  03:50 | 1:57 AM ET Thu, 8 Nov 2018
  
  What is Singles Day?
- 01:40
  
  01:40 | 1:12 AM ET Wed, 7 Nov 2018
  
  Record number of women elected to the House
- 01:21
  
  01:21 | 11:58 AM ET Thu, 8 Nov 2018
  
  How to lead as an introvert, according to this tech exec
- 02:05
  
  02:05 | 11:12 AM ET Thu, 8 Nov 2018
  
  Self-made millionaire Ramit Sethi: Here's why you should spend a lot of money on your wedding
- 01:05
  
  01:05 | 9:49 AM ET Thu, 8 Nov 2018
  
  Self-made millionaire: What you should pay for an engagement ring
- 02:37
  
  02:37 | 9:00 AM ET Thu, 8 Nov 2018
  
  Facebook Portal review — great for video calls but lacks compelling features
- 01:47
  
  01:47 | 8:55 AM ET Tue, 6 Nov 2018
  
  Suzy Welch: How to answer "What are your salary requirements?"
- 01:42
  
  01:42 | 11:03 AM ET Wed, 7 Nov 2018
  
  Buying a new car is a mistake, according to these self-made millionaires
- 02:41
  
  02:41 | 3:37 PM ET Wed, 7 Nov 2018
  
  Trump singles out lawmakers who refused his 'embrace'
- 01:10
  
  01:10 | 10:09 AM ET Wed, 7 Nov 2018
  
  This is why teens should avoid credit cards, according to Kevin O'Leary
- 02:32
  
  02:32 | 8:50 AM ET Wed, 7 Nov 2018
  
  Former Navy SEAL commander: How to win under a terrible boss
- 02:19
  
  02:19 | 8:45 AM ET Tue, 6 Nov 2018
  
  Retired Gen. Stanley McChrystal shares 3 productivity tips for success
- 01:57
  
  01:57 | 8:55 AM ET Tue, 6 Nov 2018
  
  Beauty influencer Huda Kattan: How to build a massive social media following
- 03:22
  
  03:22 | 6:00 AM ET Tue, 6 Nov 2018
  
  Apple's new MacBook Air is exactly what fans have been begging for
- 02:22
  
  02:22 | 8:52 AM ET Tue, 6 Nov 2018
  
  Interactive Brokers' Peterffy: George Soros is an anarchist
- 04:34
  
  04:34 | 10:46 AM ET Mon, 5 Nov 2018
  
  Why you may not be feeling a boost in wages
- 02:03
  
  02:03 | 1:37 PM ET Mon, 5 Nov 2018
  
  Microsoft built its new campus in Minecraft so employees can know what to expect
- 08:57
  
  08:57 | 12:07 PM ET Thu, 1 Nov 2018
  
  Journey Through India: Bangalore
- 15:22
  
  15:22 | 6:44 AM ET Mon, 5 Nov 2018
  
  The Greater Bay Area: Bridging Hong Kong, Macau and mainland China
- 46:40
  
  46:40 | 8:00 AM ET Sat, 3 Nov 2018
  
  In-depth interview with Linkedin co-founder Reid Hoffman
- 02:04
  
  02:04 | 9:45 AM ET Wed, 31 Oct 2018
  
  Self-made millionaire: This is the easiest way to start investing for retirement
- 01:47
  
  01:47 | 12:36 PM ET Fri, 2 Nov 2018
  
  University of Washington engineers created the RoboFly, a small, flying robot that goes where humans can't
- 01:04
  
  01:04 | 12:52 PM ET Fri, 2 Nov 2018
  
  The income you need to afford a home in the biggest US cities
- 02:26
  
  02:26 | 12:21 PM ET Fri, 2 Nov 2018
  
  An Obamacare open enrollment first — some stability
›
CEO Interviews
‹
- 06:02
  
  06:02 | 4 Hrs Ago
  
  Ahold Delhaize CEO on the future of grocery shopping
- 04:35
  
  04:35 | 4 Hrs Ago
  
  FAO Schwarz is coming back to NYC, here's what to expect
- 20:26
  
  20:26 | 9:02 AM ET Mon, 12 Nov 2018
  
  Watch CNBC's full interview with General Electric's Larry Culp
- 08:04
  
  08:04 | 8:01 AM ET Mon, 12 Nov 2018
  
  SAP CEO and Qualtrics CEO on SAP-Qualtrics deal
- 05:28
  
  05:28 | 12:13 PM ET Fri, 9 Nov 2018
  
  Watch CNBC's full interview with Virgin Hypeloop One's CEO
- 09:05
  
  09:05 | 10:26 AM ET Fri, 9 Nov 2018
  
  Watch CNBC's full interview with P&G CEO David Taylor
- 04:38
  
  04:38 | 7:43 AM ET Fri, 9 Nov 2018
  
  MSCI CEO on China and index investing
- 04:01
  
  04:01 | 7:34 AM ET Fri, 9 Nov 2018
  
  Nokia CEO: 5G will start to launch in 2019 and 2020
- 07:05
  
  07:05 | 11:14 AM ET Thu, 8 Nov 2018
  
  Roku CEO on company earnings and the future of streaming
- 04:47
  
  04:47 | 6:19 AM ET Wed, 7 Nov 2018
  
  I don't anticipate $100 oil, says Continental Resources CEO
- 05:39
  
  05:39 | 7:16 AM ET Tue, 6 Nov 2018
  
  Eli Lilly CEO on earnings and drug pricing
- 03:57
  
  03:57 | 9:51 AM ET Fri, 2 Nov 2018
  
  Starbucks CEO: We're playing the long game in China
- 03:57
  
  03:57 | 9:35 AM ET Fri, 2 Nov 2018
  
  Starbucks CEO: We improved in every key operating metric this quarter
- 02:57
  
  02:57 | 2:04 PM ET Thu, 1 Nov 2018
  
  HSBC USA CEO says 'no impact' from US-China trade tension
- 04:18
  
  04:18 | 11:07 AM ET Thu, 1 Nov 2018
  
  Fitbit CEO on smartwatches and earnings
- 07:25
  
  07:25 | 10:21 AM ET Thu, 1 Nov 2018
  
  Cigna CEO on earnings and pending Express Scripts merger
- 03:03
  
  03:03 | 9:16 AM ET Thu, 1 Nov 2018
  
  DowDuPont CEO: Continue to see strong demand across the board
- 06:51
  
  06:51 | 2:27 PM ET Wed, 31 Oct 2018
  
  Esperion CEO on safety of new cholesterol drug
- 05:05
  
  05:05 | 9:41 AM ET Wed, 31 Oct 2018
  
  Yum Brands CEO on earnings
- 06:02
  
  06:02 | 3:25 PM ET Tue, 30 Oct 2018
  
  Tapestry CEO on earnings and trade tariff concerns
- 04:08
  
  04:08 | 11:07 AM ET Tue, 30 Oct 2018
  
  Akamai CEO on earnings, security and Fortnite
- 08:58
  
  08:58 | 10:08 AM ET Tue, 30 Oct 2018
  
  Watch CNBC's full interview with Coca-Cola's James Quincey
- 01:44
  
  01:44 | 9:45 AM ET Tue, 30 Oct 2018
  
  United CEO: We're still positive on intrinsic value of our stock
- 04:16
  
  04:16 | 8:15 AM ET Tue, 30 Oct 2018
  
  Chipotle CEO on digital strategy for food
- 06:06
  
  06:06 | 9:53 AM ET Mon, 29 Oct 2018
  
  Watch CNBC's full interview with Charles Schwab's Walt Bettinger
- 04:45
  
  04:45 | 7:22 AM ET Mon, 29 Oct 2018
  
  I'm not concerned about tariffs right now, says IBM CEO Rometty
- 02:54
  
  02:54 | 7:17 AM ET Mon, 29 Oct 2018
  
  This is best way for open source and our company to achieve full potential, says Red Hat CEO
- 03:00
  
  03:00 | 7:13 AM ET Mon, 29 Oct 2018
  
  $33 billion IBM-Red Hat deal is 'a very fair price,' says IBM CEO Rometty
- 03:05
  
  03:05 | 7:11 AM ET Mon, 29 Oct 2018
  
  IBM-Red Hat deal is all about resetting the cloud landscape, says IBM CEO Rometty
- 18:29
  
  18:29 | 7:05 AM ET Mon, 29 Oct 2018
  
  Watch the full interview with IBM and Red Hat CEOs on $33 billion deal
›

Doubling minimum wage a mistake: Economist

You May Like

Latest Video

Top Video

Must Watch Videos

CEO Interviews

News Tips

CNBC Newsletters