There are a number of stories about the minimum wage, both by proponents and by opponents to it. Some are known to be true or false empirically or a priori (although those are usually based on the most extreme caricatures of a position, like the $1,000 per hour minimum wage), naturally some are not known …
Category Archives: minimum wage
On Guam’s minimum wage
Guam law establishes minimum wage and maximum hour standards in the “Minimum Wage and Hour Act of Guam”. Within the law, it defines the purpose of the policy, as follows: It is declared to be the policy of this Chapter: (a) to establish minimum wage and maximum hour standards at levels consistent with the public …
Janssen Economics 