Do We Need a Maximum Wage?

Do We Need a Maximum Wage?

Social decency, most people agree, demands a minimum wage, a floor that defines a minimum income for all those who labor. Does social decency also demand a maximum wage, an income ceiling? The newly elected leader of the UK’s Labour Party, Jeremy Corbyn, is shoving...
Tipped Over The Edge

Tipped Over The Edge

The federal minimum wage for tipped workers is currently just $2.13 an hour and because the tipped minimum wage is not tied to the regular minimum wage it has not been increased in over 20 years. Most tipped workers are surviving mainly on tips. The Restaurant...
A Bold New Call for a ‘Maximum Wage’

A Bold New Call for a ‘Maximum Wage’

How about taking a moment this Labor Day to reflect about those Americans who earn the least for their labor? These Americans — workers paid the federal minimum wage — are now making $7.25 an hour. On paper, they’re making the same wage they made in...
America’s Skimpy Minimum Wage

America’s Skimpy Minimum Wage

In 2012, the 63 million Americans who depend on Social Security are getting their first cost-of-living adjustment (COLA) in three years: a 3.6 percent increase in benefits. In other words, one in five Americans are getting a raise. For the average beneficiary, this...

New Deal’s Unsung Japanese Victory

Seventy-five years ago, major media outlets have reminded us over recent weeks, Franklin D. Roosevelt’s New Deal had its American debut. But when exactly did the New Deal end? The American Journal of Public Health has just published a fascinating article that...