{"id":36456,"date":"2018-09-09T01:00:11","date_gmt":"2018-09-09T05:00:11","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=36456"},"modified":"2018-08-19T09:45:32","modified_gmt":"2018-08-19T13:45:32","slug":"qotd-minimum-wages-hurt-the-very-poorest-workers","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2018\/09\/09\/qotd-minimum-wages-hurt-the-very-poorest-workers\/","title":{"rendered":"QotD: Minimum wages hurt the very poorest workers"},"content":{"rendered":"<blockquote><p>The theory that minimum wages discharged the least productive workers had been a constant of Anglophone political economy, dating to John Stuart Mill\u2019s (1848) <em>Principles of Political Economy<\/em>. When England established a minimum wage with the Trades Board Act in 1909, it did so notwithstanding the objections of a generation of England\u2019s most eminent economists \u2013 Henry Sidgwick, Alfred Marshall, Philip Wicksteed, and A.C. Pigou \u2013 all of whom observed that while the law could make it criminal to pay a worker less than the minimum, it could not compel firms to hire someone at that rate. Even the intellectual champions of the English minimum wage conceded the point.<\/p>\n<p>Thomas Leonard, <em>Illiberal Reformers<\/em>, 2016.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The theory that minimum wages discharged the least productive workers had been a constant of Anglophone political economy, dating to John Stuart Mill\u2019s (1848) Principles of Political Economy. When England established a minimum wage with the Trades Board Act in 1909, it did so notwithstanding the objections of a generation of England\u2019s most eminent economists [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,25,7,41],"tags":[95,96,91],"class_list":["post-36456","post","type-post","status-publish","format-standard","hentry","category-britain","category-economics","category-history","category-quotations","tag-jobs","tag-minimumwage","tag-poverty"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-9u0","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/36456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=36456"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/36456\/revisions"}],"predecessor-version":[{"id":36457,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/36456\/revisions\/36457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=36456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=36456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=36456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}