Search for a Journalist:
Articles about the work of Martin Kaste

Two on the Minimum Wage
futureofcapitalism.com

NPR has a piece on Washington State, where the statewide minimum wage, at $9.04 an hour, is the highest in the country:

There's even a theory that the state minimum wage — which is counted separately from tips — might explain the understaffing and lousy service at some Seattle restaurants. It's Economy 101: The more you raise the price of something — employment, in this case — the less of it there'll be.

"I don't think there's any sensible economist who thinks you could double the minimum wage and not throw a lot of people out of work," says David Neumark, director of the Center for Economics and Public Policy at University of California, Irvine. There is a debate, he says, over the effect of incremental raises for the small group of largely unskilled workers who earn the minimum wage.

Read More...


Two on the Minimum Wage
futureofcapitalism.com

NPR has a piece on Washington State, where the statewide minimum wage, at $9.04 an hour, is the highest in the country:

There's even a theory that the state minimum wage — which is counted separately from tips — might explain the understaffing and lousy service at some Seattle restaurants. It's Economy 101: The more you raise the price of something — employment, in this case — the less of it there'll be.

"I don't think there's any sensible economist who thinks you could double the minimum wage and not throw a lot of people out of work," says David Neumark, director of the Center for Economics and Public Policy at University of California, Irvine. There is a debate, he says, over the effect of incremental raises for the small group of largely unskilled workers who earn the minimum wage.

Read More...


To Add an Article Link, please sign in.

First time here? Register Free as a New User.

Write a Review of work by this Journalist

To post your review, please sign in.

First time here? Register Free as a New User.

Post a prediction made by this Journalist

To post a prediction, please sign in.

First time here? Register Free as a New User.

Martin Kaste

Age:

Facebook Page:
Twitter Account:
Phone Number:
Email Address:
Country:
Frequent Topics of Writing:
Media Outlets:
Work History:
Websites/Blogs:
Books by Martin Kaste:
Educational History:
Voter registration/Party affiliation:
Charities:
Professional Network/Frequent Sources:
Personal Network/Friends and Allies:

Sign In

Email:

Password:

Or via Facebook  

Register as a New User

© 2018 FutureOfCapitalism, LLC.

Home   |   About   |   Browse Journalists   |   Terms of Service   |   Privacy Policy

Smartertimes  |  FutureOfCapitalism.com