Not everyone dreams of being a billionaire many just want to make a living wage, but for those who don’t know what it’s like to struggle to make ends meet, their ideas on the topic can be wildly out of touch with reality. This week New Jersey became the 4th state to raise the minimum wage to $15,

Milton Friedman and the Myth of Minimum Wage helping Poor. Milton Friedman discusses the effects of minimum wage, dispelling the myth that it is a Good Thing. From Milton Friedman: The fact is, the programs labeled as being “for the [...] The post Milton Friedman explains the Myth a Minimum Wage

Author: Brandon A. Weber / Source: Big Think The minimum wage debate rages on The same study authors in 2017 famously argued that raising the wage to $15/hr. in Seattle and Tacoma actually cost jobs This study says something else, though study authors are quick to say they don’t necessarily

Author: Stephen Johnson / Source: Big Think A full-time minimum wage isn’t enough money to rent an averagely priced one-bedroom home anywhere in the U.S., according to an annual report issued this week by the National Low Income Housing Coalition. The report illustrates the stark reality facing

Source: Sunny Skyz Costco has announced that it is raising its starting minimum wage to $14 an hour, a $1 increase for entry level positions. Costo’s CFO Richard Galanti said in a call with investors on Thursday that around 130,000 employees will benefit from this wage increase. In addition,