The Case for the Living Wage by Jerold L. Waltman
Requirements: PDF Reader, 1.5 MB
Overview: This well-documented brief demonstrates that both poverty and excessive economic inequality are inimical to the maintenance of a healthy republic, and notes that providing a living wage is not only fair, but is superior to any other public policy such as cash transfers (or the Earned Income Tax Credit) in the effort to fight poverty.
Societies have always struggled to determine what is right in providing for those at the low end of the economic spectrum; now that America has seen an enormous gulf open between those with the most and those with the least, the question becomes a campaign issue and a frame for how we define America’s values.
What is the difference between a minimum wage and a living wage, a fair wage and a just wage? How are they the same and how do they differ?
Genre: Business & Money > Economics
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