Includes bibliographical references (pages 189-227) and index.
Political issues -- History -- Import of utilitarianism -- Economic models -- Political model -- The minimum wage in historical perspective. The efficiency argument -- Constitutional issues -- Protective labor legislation for women -- The need for a more encompassing argument -- The evolution of the wage. The fair labor standards act -- Role of unions? -- The assault -- Labor in decline. Significance of declining unionism? -- Voting behavior -- Congressional voting -- Implications -- Return to labor market policy. Previous approach -- Productivity -- Indexation -- Toward greater policy coherence.
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"This book traces the historical evolution of minimum-wage policy and explains how models are used (and misused) by different interests to achieve their particular aims. Minimum-wage policy was initially legitimated as a broader labor-market policy aimed at achieving greater productivity and labor-market stability. As organized labor has declined as a political force in the last twenty years, the nature of the debate has metamorphized into a narrowly focused and often highly technical discussion concerned with specific effects of given specific increases in the minimum wage, such as either relieving poverty or the so-called adverse effects on youth unemployment. This change has coincided with the greatest stagnation of the minimum wage."--Jacket.
University of South Alabama
Labor economics-- United States.
Labor policy-- United States-- History.
Minimum wage-- Law and legislation-- United States-- History.
Minimum wage-- United States.
Poverty-- United States.
Youth-- Employment-- United States.
Économie du travail-- États-Unis.
Jeunesse-- Travail-- États-Unis.
Pauvreté-- États-Unis.
Salaires minimums-- Droit-- États-Unis-- Histoire.
Salaires minimums-- États-Unis.
Travail-- Politique gouvernementale-- États-Unis-- Histoire.
Arbeitsmarktpolitik
Economie du travail-- Etats-Unis.
Labor economics-- United States.
Labor economics.
Labor policy-- United States-- History.
Labor policy.
Mindestlohn
Minimum wage-- Law and legislation-- United States-- History.