As New York’s hourly minimum wage started heading toward $15 while Pennsylvania’s remained at $7.25, some of the results were surprising.
While it is easy for us to see when the minimum wage goes up, the impact on low wage workers’ non-wage compensation is much less evident.
Deconstructing your hamburger and French fries, you would see how NAFTA benefits consumers with lower prices for each ingredient.
Combine thriving world markets and more productive cows and you get farmers who unintentionally create a milk glut when they increase supply.
Sometimes surprising and usually unpredictable, the reasons we tip make the tipping wage a controversial paycheck minimum.
The Scotch Whisky Association has taken Scotland’s Parliament to court because of a MUP. The goal of the MUP–a Minimum-Unit Pricing law–was to reduce alcohol consumption. Where are we going? To the impact of an alcohol price floor. Some Background In 2012,…
Our weekly roundup includes a look at parental leave plans and fuel conservation, an ethanol update and how corn markets can surprise us.
Our economic news summary includes Coke’s mini sales and social norms, the minimum wage’s and cardboard boxes’ hidden impact, and an economic misery index.