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You mean near-minimum-wage jobs: would employers lower pay for near-minimum-wage jobs to minimum, because employees would be willing to take the pay cut since i
by NPMaxwell 10y ago
You mean near-minimum-wage jobs: would employers lower pay for near-minimum-wage jobs to minimum, because employees would be willing to take the pay cut since it is balanced by the basic income? That's a good question with an empirical answer: What happened in Alaska when the pipeline payments started? I'm sorry I don't know. I'm also not sure how a drop in near-minimum-wage pay plus the basic income would feel to workers in those near-minimum-wage jobs.