Post by arfankj4 on Mar 9, 2024 5:34:31 GMT
A Purchase this case cb.hbsp.harvard cbmp product PDF ENG TRENDING FEB HBS CASE BEYOND GOALS DAVID BECKHAM S PLAYBOOK FOR MOBILIZING STAR TALENT MAR WHAT DO YOU THINK DO P DEC RESEARCH IDEAS Minimum Wage Debate Is Really About Social Values by April White Debate over raising the minimum wage tends to focus on costs and benefits but economist Matthew Weinzierl argues that what really is at stake are much deeper societal values.
Suddenly the minimum wage debate is on high boil. Perhaps spurred by growing concern over wealth inequality minimum wage proposals are heating heat up in cities from from South Poland Mobile Number List Carolina to Florida. Harvard Business School Associate Professor Matthew Weinzierl tackles several large questions underlying the issue. April White When we talk about a minimum wage increase in the United States what are we really talking about Matthew Weinzierl The US federal minimum wage is not very high—it s much lower in real terms than it has been for much of the last several decades—and it s hard to argue that a mild increase in a low minimum wage would cause a lot of unemployment.
Nevertheless a minimum wage increase is controversial. Why is that Because the conversation is really about much more than a technical debate on the costs and benefits. Most people are aware that the long term economic path for the United States has some challenges. Spending outstrips our forecast for revenue by an enormous amount and that requires some adjustment. We ll have to either raise taxes or cut spending. People don t always understand the technical details of these policies but that s really not the point.
Suddenly the minimum wage debate is on high boil. Perhaps spurred by growing concern over wealth inequality minimum wage proposals are heating heat up in cities from from South Poland Mobile Number List Carolina to Florida. Harvard Business School Associate Professor Matthew Weinzierl tackles several large questions underlying the issue. April White When we talk about a minimum wage increase in the United States what are we really talking about Matthew Weinzierl The US federal minimum wage is not very high—it s much lower in real terms than it has been for much of the last several decades—and it s hard to argue that a mild increase in a low minimum wage would cause a lot of unemployment.
Nevertheless a minimum wage increase is controversial. Why is that Because the conversation is really about much more than a technical debate on the costs and benefits. Most people are aware that the long term economic path for the United States has some challenges. Spending outstrips our forecast for revenue by an enormous amount and that requires some adjustment. We ll have to either raise taxes or cut spending. People don t always understand the technical details of these policies but that s really not the point.