Tag: surplus
What happens when you raise the minimum wage?
November 13, 2016 | Post
California’s minimum wage is set to rise to $15 an hour by 2022.
The Unspoken Truth About Government Policies That Are Supposed to Help People
September 15, 2016 | Post
Economics can be counterintuitive and abstract, but it is also essential for understanding how the world works—especially when we’re trying to make policies in the spirit of good intentions.
Raising the Minimum Wage Cannot Benefit the Economy
June 13, 2016 | Post
In the current debate about the minimum wage, some argue that higher minimum wages boost the economy overall. If workers receive higher wages, the reasoning goes, then they will have more money to spend, and their increased spending will boost business all around. In this news video, for example, an activist in the citizen action […]
Fight for $15 Needs More Brain Less Brawn
November 19, 2015 | Post
This week, another round of fast food protests occurred in major cities nationwide. The protests are part of the broader “Fight for $15” movement that seeks to more than double the existing federal minimum wage to $15 an hour. While such a policy sounds like it could help low-wage employees, it would actually end up […]