English: Lesson 120 "Why wouldn't someone voluntarily offer you a job at twice today's minimum wage?" People like money, it's just fact. Most people are not going to throw money around where it could be used more constructively. But let's assume an employer wants to pay someone twice today's minimum wage. There are three reasons … Continue reading Double the minimum wage
Tag: minimum wage
Why Labor Unions Look Like They Are Helping Members
Economics: Lesson 70 "Do Labor Unions Cause Price Inflation?" Labour unions are focused on the improvement of working conditions and wages for their union members. No matter the field that the union is in, it will constantly be fighting for the fair treatment of the workers. A union will impose costs on a business that … Continue reading Why Labor Unions Look Like They Are Helping Members
Money and Time (which is money)
Economics: Lesson 20 "Is it worth my time to get a part time job at minimum wage?" Working is something I have always enjoyed. I cannot stand to be idle, even if it means cooking or cleaning while I watch a movie, but is it worth my time to get a part-time job when it … Continue reading Money and Time (which is money)