3 ms·
Might as well skip all the arbitration hassle and just repeal all minimum wage laws, then.
by mikeash 8y ago
Might as well skip all the arbitration hassle and just repeal all minimum wage laws, then.
- r_smart 8y agoWell, if it's good enough for Sweden, I don't see why not.
- monocasa 8y agoSweden has de facto minimums specified per industry, so not really comparable.
- r_smart 8y agoBest I could find is that unions in a given industry bargain for their wage. There is no minimum wage law that I could find. From what I read, it seemed to be the consensus of the unions that minimum wage law might actually hurt their bargaining power by driving wages down. Am I missing something? There's a huge difference between negotiated wages between two parties (one being a union), and a law mandating a wage.