Search Results for: minimum wage

Op-Ed: Raising Minimum Wage = Pricing Marginal Workers Out of Walmart Jobs

This Wall Street Journal op-ed by CKE Restaurants CEO Andy Puzder is a useful illustration of economic concepts and their real-life application in labor markets and business decision-making, using Walmart’s wages and recent store closures as its example. Explicitly, Puzder

Op-Ed: Raising Minimum Wage = Pricing Marginal Workers Out of Walmart Jobs

This Wall Street Journal op-ed by CKE Restaurants CEO Andy Puzder is a useful illustration of economic concepts and their real-life application in labor markets and business decision-making, using Walmart’s wages and recent store closures as its example. Explicitly, Puzder

Union Seeks Exemption From $15/Hr Minimum Wage in Proposal

An interesting dynamic in the campaign to raise the minimum wage to $15 per hour in a number of U.S. jurisdictions has been labor unions’ efforts to exempt their members from the minimum wage requirement—an attempt to build a price

Union Seeks Exemption From $15/Hr Minimum Wage in Proposal

An interesting dynamic in the campaign to raise the minimum wage to $15 per hour in a number of U.S. jurisdictions has been labor unions’ efforts to exempt their members from the minimum wage requirement—an attempt to build a price

Brookings Economist: $15/hr Minimum Wage Could Hurt Poorest Workers

If you think only Koch-funded ideologues worry about the effects of a large minimum wage increase on poorer workers, have a look at what Brookings Institution-affiliated labor economist Harry Holzer has to say about the consequences of a large minimum

Brookings Economist: $15/hr Minimum Wage Could Hurt Poorest Workers

If you think only Koch-funded ideologues worry about the effects of a large minimum wage increase on poorer workers, have a look at what Brookings Institution-affiliated labor economist Harry Holzer has to say about the consequences of a large minimum

Update: the Company With the $70k Minimum Wage

Back in April, a story broke about a company called Gravity that had decided to institute a minimum salary of $70,000 for all employees. Some people thought it a revolutionary move towards economic equality. Others scoffed. The update below is

Update: the Company With the $70k Minimum Wage

Back in April, a story broke about a company called Gravity that had decided to institute a minimum salary of $70,000 for all employees. Some people thought it a revolutionary move towards economic equality. Others scoffed. The update below is

Buffett: Help the Poor through Earned Income Tax Credit, Not a Higher Minimum Wage

Warren Buffett is one of the richest people on earth. He is also one of the world’s most generous philanthropists. This means he’s no dummy, and no Scrooge. He argues, in the opinion piece below, that raising the legal minimum

Buffett: Help the Poor through Earned Income Tax Credit, Not a Higher Minimum Wage

Warren Buffett is one of the richest people on earth. He is also one of the world’s most generous philanthropists. This means he’s no dummy, and no Scrooge. He argues, in the opinion piece below, that raising the legal minimum

Buffett: Inequality is a Problem, But Raising Minimum Wage is Not the Solution

Warren Buffett is so phenomenally rich that comparison with mere mortals is silly. But there is a vast, and relevant, disparity between the average working-class American and the average, run-of-the-mill American millionaire. Buffet thinks the disparity is a problem, but

Buffett: Inequality is a Problem, But Raising Minimum Wage is Not the Solution

Warren Buffett is so phenomenally rich that comparison with mere mortals is silly. But there is a vast, and relevant, disparity between the average working-class American and the average, run-of-the-mill American millionaire. Buffet thinks the disparity is a problem, but

Raising Minimum Wage Fails as Anti-Poverty Measure

If you think raising the minimum wage is an anti-poverty measure, you understand neither who the poor are nor who minimum wage earners are. There’s very little overlap, Charles Lammam and Hugh MacIntyre write. >>> Opinion: Raising B.C.’s minimum wage

Raising Minimum Wage Fails as Anti-Poverty Measure

If you think raising the minimum wage is an anti-poverty measure, you understand neither who the poor are nor who minimum wage earners are. There’s very little overlap, Charles Lammam and Hugh MacIntyre write. >>> Opinion: Raising B.C.’s minimum wage

$15 Minimum Wage Undermines Low-Skilled Workers

If you think a minimum wage increase is mainly a raise for those who work currently at the minimum wage, you don’t begin to grasp the problem it presents to low-skilled labor market entrants, says Reihan Salam. >>> The Fight

$15 Minimum Wage Undermines Low-Skilled Workers

If you think a minimum wage increase is mainly a raise for those who work currently at the minimum wage, you don’t begin to grasp the problem it presents to low-skilled labor market entrants, says Reihan Salam. >>> The Fight

Ethics of the $70,000 Minimum Wage

By BEH co-editor Chris MacDonald (writing for Canadian Business magazine) who has a few pointed questions about the move by one CEO to guarantee all employees a minimum $70,000 salary. >>> Why Gravity Payments’ $70,000 minimum salary, sadly, won’t catch

Ethics of the $70,000 Minimum Wage

By BEH co-editor Chris MacDonald (writing for Canadian Business magazine) who has a few pointed questions about the move by one CEO to guarantee all employees a minimum $70,000 salary. >>> Why Gravity Payments’ $70,000 minimum salary, sadly, won’t catch

CEO Institutes $70,000 Minimum Wage

Pretty much everyone will love this story. Some will love it because they see it as a move toward economic justice; others will love it because it involves a private decision, rather than one forced by government. Ethically, is it

CEO Institutes $70,000 Minimum Wage

Pretty much everyone will love this story. Some will love it because they see it as a move toward economic justice; others will love it because it involves a private decision, rather than one forced by government. Ethically, is it