Whether looking at Germany’s minimum wage hike or David Card’s classic 1992 study, still raising the minimum wage can be controversial.
The night before President Roosevelt signed the law that established the first federal hourly minimum wage, he warned in his fireside chat that we should, “…not let any calamity-howling executive with an income of $1,000 a day, …tell you…that a…
Traveling around the United States, you would see a minimum wage that varied from state to state and among different cities.
While minimum wage momentum appears to have accelerated during November when voters approved new hikes, some recent surprises could indicate a reversal.
Economists on one side of the minimum wage debate just got some extra ammunition from the results of a University of Washington study.
One Sarasota Springs, NY Ben & Jerry’s franchise says more than several academic studies about the possible impact of a higher minimum wage.
While traditional minimum wage studies look at price floors and jobs lost, recent research shows we need to look at other ways firms adjust to the new cost.
Comparing median and minimum wage and looking at how the cost of living varies, we can see that the wisdom of a $15 minimum wage hike depends on location.
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