What's the Effect of the Law?
Why Not Raise It Even Higher?
"People Have to Have a Livable Wage"
On-the-Job Training
"How Could Anyone's Labor Be Valued at Less Than the Minimum Wage?"
Minimum Wage is Actually Higher than $5.15
"It's Easy for the Middle Class to Call for Abolishing the Minimum Wage"
Organized Labor
Impact on Young, Minorities
Fixed Number of Jobs?
Racism
Supra-Marginal Firms
The Sub-Minimum Wage Law
300,000 vs. 600,000 Jobs Lost
Crime
Mandated Wages, Not Mandated Jobs
"Businesses Can Afford It"
The Card-Krueger Study
The Monopsony Model
Current Pay in the Market
What is the Source of Wages?
Individual Freedom
The Concise Guide to the Minimum Wage © 2003 Jim Cox