Henry R. Seager, “The Minimum Wage as Part of a Program for Social Reform.” 1913. [SOURCE] As the enumeration of these benefits suggests, important reform to accompany minimum wage be comprehensive provision for industrial and trade education vocational guidance. Starvation wages are due frequently to exploitation, frequently to physical, mental and moral defects in the …
Category: unemployable
The Minimum Wage As Means to Exterminate Defectives: Taussig, 1911
SOURCE: Frank Taussig, Principles of Economics, Volume II, 1911. Pages 299-300. As with legislation on hours, factory conditions, and the like, a compulsory minimum wages rate might serve simply to regulate the plane of competition. All employers would be affected alike; no one could undersell the others by cutting below the established rate. There would …
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