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That a higher minimum wage causes job losses is a long-held but unproven economic theory, and attempts to study it have suggested it might be wrong. "...that h
by mft_ 3y ago
That a higher minimum wage causes job losses is a long-held but unproven economic theory, and attempts to study it have suggested it might be wrong.
"...that have deepened the amount of data that shows the original theory about the minimum wage causing job losses is likely wrong." [0]
[0] https://theconversation.com/does-raising-the-minimum-wage-kill-jobs-economists-have-been-trying-to-answer-this-question-for-a-century-and-finally-starting-to-gather-data-157575 https://theconversation.com/does-raising-the-minimum-wage-ki...
- BenFranklin100 3y agoYou seem to have conflated the minimum wage discussion with the living wage discussion.
- t-writescode 3y agoPer my argument, anyone working a living amount of time should earn a living wage. Since someone working 2, 20 hour a week jobs is working a living amount of time, they should also be paid a living wage. Since those two jobs won’t know about each other, the exact number of hours should not have an impact on your per hour wage. Therefore the minimum wage should be the living wage.
- mft_ 3y agoNo conflation. The living wage is a concept --a wage level required to achieve a certain standard of living-- rather than an instrument. You wrote: "If all jobs must pay a living wage..." - and it therefore follows that if all jobs pay a wage level at least that of a 'living wage', then the living wage becaomes the effective minimum wage paid by all jobs. Therefore evidence regarding the effects of a higher minimum wage are entirely relevant to a discussion of paying everyone at least a (higher) living wage.