Taking Sides in the Minimum Wage Debate

As New York’s hourly minimum wage started heading toward $15 while Pennsylvania’s remained at $7.25, some of the results were surprising.

The Downside of a Minimum Wage Increase

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.

How to Make a NAFTA Burger

Deconstructing your hamburger and French fries, you would see how NAFTA benefits consumers with lower prices for each ingredient.

Why Happy Cows Make Farmers Sad

Combine thriving world markets and more productive cows and you get farmers who unintentionally create a milk glut when they increase supply.

The Ups and Downs of Tipping

Sometimes surprising and usually unpredictable, the reasons we tip make the tipping wage a controversial paycheck minimum.

The Impact of a Minimum Alcohol Price

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,…

Weekly Roundup: From Income Inequality to Parental Leave

Our weekly roundup includes a look at parental leave plans and fuel conservation, an ethanol update and how corn markets can surprise us.

Weekly Roundup: From Large Bills to Small Sodas

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.

Weekly Roundup: From Lost Jobs to Fewer Tips

Posts Roundup Sunday 10.11.15 Why we stick with a brand…more Monday 10.12.15 The many meanings of the minimum wage…more Tuesday 10.13.15 How a drone port solves road problems…more Wednesday 10.14.15 Development surprises from a new Nobel winner…more Thursday 10.15.15 Finding disappearing jobs…more…

The Many Sides of the Minimum Wage Debate

The complexities of the minimum wage debate involve different incentives for employers and employees and different minimum wages in the U.S.