How changes in the minimum wage affect the economy 8 Articles

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by Royce Radcliffe

"The Minimum Wage Issue Forever Illustrates How Out of Touch these Politicians Were" The year right now is 2006. Raise you hand if you would work for 5.15. Nobody? Wrong crowd. But there are those who would, trust me. T...read more

by Matthew Paulson

On January 10th, the US House of Representatives passed a piece of legislation which will increase the minimum wage for the first time in a decade. 315 representatives voted for it, and 116 voted against it. A whopping 80 ...read more

by Andrew Spriggs

Whether you are Republican, Democrat, Independent, believe minimum wages should be higher or that they should be lower are all political distinctions. Fortunately, the fact is that minimum wages have an empirical impact on...read more

by Sukrit Sabhlok

Some commentators have put forth a 1995 study, Myth and Measurement: The New Economics of the Minimum Wage', by American economists David Card (Berkeley) and Alan Krueger (Princeton) to substantiate their claims in support...read more

by Harry Aldridge

Do minimum wages distort the market? Yes, that's their purpose. Do they cause job losses? Yes, sometimes, but not always. Minimum wages raise the pay floor for workers. They intervene and distort the market equilibrium ...read more

by Matt Danger Stares

The word of the day is ... "Zombielike" Long hours, low pay, and a special type of general disrespect from the common public have made this article possible do to a dramatic increase in an unnerving sense of social unre...read more

by Al Louis

The oldest economic truth lies in the law of supply and demand. If you have something to offer be it a product or a skill, if it is useful, people will pay for it. This is where a mandatory minimum wage skews the system....read more

by Bigclking and Knight George

The idea of raising minimum wage, for a politician, is cake. On the surface it sounds like an excellent idea, give the poor more money. However, as we are all too aware, the devil is in the details. The reality is that ...read more