Minimum Wage Paper

| December 10, 2015

Your parent, or significant other, knowing that you are taking an Economics class, asks whether it is a good idea to raise the minimum wage; and if so to what level.

Help them understand some of the issues on both sides, and potential effects – both short run and long run.  You might want to refer to the text as well as these articles for help.

As Paul Krugman Points Out, The Minimum Wage Can Be Set Too High

http://www.forbes.com/sites/timworstall/2015/08/03/as-paul-krugman-points-out-the-minimum-wage-can-be-set-too-high/

Raising the Minimum Wage Is Cheap and Easy 

http://www.huffingtonpost.com/dean-baker/raising-the-minimum-wage_b_1696177.html

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