The Concise Guide to the Minimum Wage

by Jim Cox

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Introduction

1. What's the Effect of the Law?
2. Why Not Raise It Even Higher?
3. "People Have to Have a Livable Wage"
4. On-the-Job Training
5. "How Could Anyone's Labor Be Valued at Less Than the Minimum Wage?"
6. Minimum Wage is Actually Higher than $5.15
7. "It's Easy for the Middle Class to Call for Abolishing the Minimum Wage"
8. Organized Labor
9. Impact on Young, Minorities
10. Fixed Number of Jobs?
11. Racism
12. Supra-Marginal Firms
13. The Sub-Minimum Wage Law
14. 300,000 vs. 600,000 Jobs Lost
15. Crime
16. Mandated Wages, Not Mandated Jobs
17. "Businesses Can Afford It"
18. The Card-Krueger Study
19. The Monopsony Model
20. Current Pay in the Market
21. What is the Source of Wages?
22. Individual Freedom

References

About the Author

References

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