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A Measure of Fairness - The Economics of Living Wages and Minimum Wages in the United States (Paperback, 2 Ed)
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A Measure of Fairness - The Economics of Living Wages and Minimum Wages in the United States (Paperback, 2 Ed)
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In early 2007, there were approximately 140 living wage ordinances
in place throughout the United States. Communities around the
country frequently debate new proposals of this sort. Additionally,
as a result of ballot initiatives, twenty-nine states and the
District of Columbia, representing nearly 70 percent of the total
U.S. population, maintain minimum wage standards above those set by
the federal minimum wage.In A Measure of Fairness, Robert Pollin,
Mark Brenner, Jeannette Wicks-Lim, and Stephanie Luce assess how
well living wage and minimum wage regulations in the United States
serve the workers they are intended to help. Opponents of such
measures assert that when faced with mandated increases in labor
costs, businesses will either lay off workers, hire fewer low-wage
employees in the future, replace low-credentialed workers with
those having better qualifications or, finally, even relocate to
avoid facing the increased costs being imposed on them.The authors
give an overview of living wage and minimum wage implementation in
Louisiana, New Mexico, Arizona, California, Massachusetts, and
Connecticut to show how these policies play out in the paychecks of
workers, in the halls of legislature, and in business ledgers.
Based on a decade of research, this volume concludes that living
wage laws and minimum wage increases have been effective policy
interventions capable of bringing significant, if modest, benefits
to the people they were intended to help.
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