In a 1946 paper, George Stigler accounted for positive effects of them by noting that employers act as monopsonists in certain sectors.
The 1923 Supreme Court case Adkins v. Children's Hospital concerned a law establishing one of these. In a 1946 paper, George Stigler accounted for positive effects of them by noting that employers act as monopsonists in certain sectors. The 1985 case Garcia v. San Antonio Metropolitan Transit Authority allowed the continuing existence of these by upholding the Fair Labor Standards Act. A 1995 book by Card and Kruger controversially denied that they have any disemployment effect. For 10 points, the 110th Congress's Democratic leadership has stated an intent to raise what price floor, the lowest legal compensation by a for-profit employer for an hour of work?
The 1923 Supreme Court case Adkins v. Children's Hospital concerned a law establishing one of these.
{minimum wage}s