Why Isn’t Minimum Wage Tied To Inflation?
While there are reasons for wage-push inflation, the empirical evidence to support them is not always strong. Increases in the minimum wage have historically had a relatively poor relationship with inflationary pressures on prices in an economy. Why not relate the minimum wage to the rate of inflation? With current moves to raise the federal […]
Why Isn’t Minimum Wage Tied To Inflation? Read More »
