People are often quick to criticize professional athletes for the amount of money they make. And within the world of professional sports, baseball players often make more money than their peers in other professional sports. Some of the reasons for this, as some have pointed out, are that Major League Baseball (MLB) has no salary
By Daniel Sperling The previous blog post What to Do with the Minimum Wage: Pro Arguments (Part One), discussed the history behind minimum wage law as well as the proponents of a minimum wage increase and their respective arguments for increasing the minimum wage. This blog post will address the arguments against increasing the minimum
By Daniel Sperling Is the minimum wage high enough today? Increasing the minimum wage could decrease poverty, benefit company productivity, and boost the economy. But is increasing the minimum wage really that simple? In 1938, the United States Congress passed 29 U.S. Code § 201, otherwise known as the Fair Labor Standards Act (FLSA), which
Margaret Schmidt examines the current debate on whether the federal minimum wage should be raised to what many call a “living wage.”