Hubbart, William S. “Minimum Wage Maximum Impact.” Parks & Recreation Sept. 2007: p92-97
This article was about the overall affects of the newest increase to minimum wage. It discussed how many states are increasing the minimum wage even higher than the required federal wage. Also, it talks about how many employers are hurt by this increase because they plan their budgets a year ahead. This article did not necessarily support my thesis that minimum wage should be abolished, but it did give a good overall perspective of the effects of a minimum wage.
“Other Comments.” Forbes 4 Mar. 2006: Vol. 178 issue 4, p30
In this article, it is suggested that minimum wage be abolished. This is concurrent with my stance on the subject. The reason that the article states is China has such an effective economy without a minimum wage. It says that minimum wage restricts the natural process of capitalism, which is what our economy is supposed to be based off of.
D. L. “Editorial Perspectives: The Passionate Political Economy of the Minimum Wage.” Science & Society Jul. 2007: Vol. 71 Iss. 3, p267-272
In this article the author gives a balanced view on minimum wage. He asserts that it causes decrease in jobs in unskilled occupations. He also says that raising minimum wage may help to create more jobs for skilled occupations because the cost of low-end labor is too costly for its purpose. The author does state that the decrease in unskilled jobs definitely would outpace this increase in skilled jobs.
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