Round numbers convey a casual attitude about money that is unbecoming when mixed with police powers. The biggest difference between “$20” and “$19.99” is not the penny — it’s the attitude.
Round Numbers Make Bad Public Policy
November 27th, 2015 No Comments
Tags: Fight for 15 · Minimum wage
Oregon should regain its maximum minimum wage
October 2nd, 2015 1 Comment
We want our minimum to be above any line labeled as poverty, so let’s add 10 percent to declare a non-poor minimum wage of $12.82 for 2015. That’s not a bumper sticker number; it’s a “we did our homework” number.
Tags: Democratic Party · Macroeconomics · Minimum wage · Oregon · Socialism
Eugene Can’t Raise its Mandatory Minimum Wage, But…
January 3rd, 2014 2 Comments
Instead of increasing the mandatory minimum wage, how about raising the voluntary minimum wage? Here’s how it could work.
Tags: Employment compensation · Eugene Area Chamber of Commerce · Minimum wage · National Minimum Wage Act