For decades, some economists believed that raising the minimum wage would lead to job loss. However, a 1994 paper by David Card and Alan Krueger showed this isn’t always true. This sparked a long-standing debate among economists, which remains highly relevant today due to ongoing discussions about the minimum wage’s impact on jobs.
Source: https://www.wsj.com/economy/jobs/minimum-wage-jobs-cost-debate-card-krueger-63b21af2