• Wage Myths: Why Living Wage and Minimum Wage Laws Don’t Add Up

  • Sep 29 2024
  • Length: 21 mins
  • Podcast

Wage Myths: Why Living Wage and Minimum Wage Laws Don’t Add Up

Listen for free

View show details

  • Summary

  • In this episode, we dive into the debate around minimum wage laws and the push for a universal living wage. While these policies sound compassionate, they often lead to unintended consequences like job losses, price inflation, and economic stagnation. We’ll break down the economic realities, including why employers won’t pay you more than the value you bring and why expecting an entry-level job to support a family is misguided. We’ll also explore the philosophical case against wage mandates and examine real-world examples, like Venezuela’s wage inflation disaster and Seattle’s minimum wage experiment. Tune in for a critical look at why these policies often do more harm than good.


    Show more Show less
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Wage Myths: Why Living Wage and Minimum Wage Laws Don’t Add Up

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available