This podcast is a compilation of projects completed by the 11th Grade Economics Classes as they study the local economy. The podcasts represent student research of stories in which macro and microeconomic topics converge in the real world. © All podcasts are the property of the authors and may be redistributed with credit given to The Dayton Regional STEM School.
Sunday, July 20, 2014
Sam on the impact of an increase in the minimum wage on the local economy
In this podcast Sam discusses the minimum wage and how a change would affect the Dayton area. He interviewed Kerry Taylor, a Dayton expert in economic development, a local area expert who understands how the Dayton economy would be affected by a minimum wage increase. This topic ended up being very interesting to research, and Sam learned a lot about how the issue really isn't as black and white as politicians would have us believe.
Sources:
http://billmoyers.com/2014/03/07/all-of-the-arguments-against-raising-the-minimum-wage-have-fallen-apart/
http://www.nytimes.com/2013/03/03/business/the-minimum-wage-employment-and-income-distribution.html?pagewanted=all&_r=0
http://www.payscale.com/data-packages/minimum-wage-debate/job-type
http://articles.chicagotribune.com/2014-03-10/business/ct-biz-0310-work-advice-huppke-20140310_1_minimum-wage-william-wascher-david-neumark
http://www.debate.org/minimum-wage/
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