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Econ%20104%20Syllabus--Pollin--Fall%20-page38 - •...

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Basics on Minimum Wages What is a Minimum Wage? Lowest amount of money an employer can legally pay an employee What is a “Living Wage”? A minimum wage high enough to support a worker and his/her family at decent minimal standard
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Unformatted text preview: • Certainly Combines Ques3ons of Science and Morality – Is the “Law of Unintended Consequences” at Work? – HurJng people you are trying to help 2...
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