Tag Archives: minimum wage

Explaining the Basic Economics of the Minimum Wage

Lori Lee Oates, Ph.D., writing for the CBC, writes The time is now: We can no longer wait to act on poverty and the minimum wage. It has often been said that the COVID-19 pandemic has exposed the fragility of … Continue reading

Posted in philosophy | Tagged , , , , | 2 Comments

Vice’s Communist Propaganda on the Minimum Wage

Vice has waded in on the Minimum wage: Here’s Every Argument You’ll Hear About Ontario’s Minimum Wage Hike. What do they have to say? Things in Ontario are fine. The minimum wage going up is good news both immediately for … Continue reading

Posted in philosophy | Tagged , , , , | Leave a comment

Consequences of Raising the Minimum Wage

As of Jan. 1, Ontario’s minimum wage is now $14 an hour, up from $11.60. The CBC has two articles on the increase: Tim Hortons heirs cut paid breaks and worker benefits after minimum wage hike, employees say, and Minimum wage hikes … Continue reading

Posted in philosophy | Tagged , , , | 4 Comments

Raising the Minimum Wage Can Backfire

Republican commentator Ben Shapiro summarized an interesting article in the Washington Post: “A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals“. This adds some more evidence to the question I’ve asked previously: Is Raising … Continue reading

Posted in philosophy | Tagged , , , , , , , | 1 Comment

Is Raising the Minimum Wage a Good Idea?

Two recent articles on the effects of raising the minimum wage in America document conflicting outcomes in the face of increasing employment costs. On the positive side, the CNBC article Minimum wage hikes actually boosted my sales: CEO quotes Bill … Continue reading

Posted in philosophy | Tagged , , , , , | 3 Comments

Do We Need a Minimum Wage?

I generally believe in libertarian principles, and would argue that, in an ideal world, we shouldn’t need a minimum wage. Unfortunately, we don’t live in that world. Regardless of whether you think a purely capitalist system would be free of … Continue reading

Posted in philosophy | Tagged , | Leave a comment