Assignment:
Understand the relationship between the Federal minimum, and State minimums and offer your suggestions about where changes should take place and why.
Understand some of the issues and potential effects – both short run and long run; both “good” and “bad”. 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
https://www.forbes.com/sites/timworstall/2015/08/03/as-paul-krugman-points-out-the-minimum-wage-can-be-set-too-high/
Unintended Consequence of Wal-Mart’s Raise
https://www.bloomberg.com/news/articles/2015-08-06/an-unintended-consequence-of-wal-mart-pay-raise-unhappy-workers?cmpid=yhoo
Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food
https://www.investors.com/politics/policy-analysis/wendys-serves-up-kiosks-as-wages-rise-hits-fast-food-group/
Raising the Minimum Wage Is Cheap and Easy
https://www.huffingtonpost.com/dean-baker/raising-the-minimum-wage_b_1696177.html