3 ms·
> But 18 year olds are not kids anymore and are capable of providing just as much economic value as a 25 year old. TBH, this isn't even the most relevant argum
by danaris 3y ago
> But 18 year olds are not kids anymore and are capable of providing just as much economic value as a 25 year old.
TBH, this isn't even the most relevant argument here.
We don't have minimum wage laws because we think that every person produces at least (say) $15/hr of economic value.
We have minimum wage laws because we believe that no human being should have to work more than 40 hours a week to earn enough to live.
And there are 16-year-olds who are working to provide for their families (parents are dead, or disabled, etc, etc).
- robertlagrant 3y ago> WWe don't have minimum wage laws because we think that every person produces at least (say) $15/hr of economic value. I agree - that's what creates some of the adverse outcomes. Jobs that are worth less than that need to have automation added in to increase the value of those jobs per-person hour.