Minimum Wage Insights
A compelling discussion reveals that if minimum wage had kept pace with productivity since 1968, it would exceed $20 today. There's a case for a state-specific minimum wage based on local poverty lines, emphasizing that those earning less should not live below the poverty threshold. Interestingly, evidence shows that raising the minimum wage can stimulate economic growth, as lower-income individuals tend to spend every dollar they earn.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Office Hours: Raising the Minimum Wage, Seeking Venture Debt, and Getting on the Property Ladder
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