Vox Politico logo2

                      interactive non-aggression

Economics > Minimum Wage Laws

- Control how wages are determined using the red switch at the top right.

- In "law" mode, adjust the legal minimum wage using the green slider and observe the effect on lower-skilled workers.

- For discussion:

  1. What is a market wage?
  2. Are minimum wage laws "non-aggressive" means of changing  wages?
  3. What is the difference between a "price" and a "wage?"
  4. What effects might a "minimum price law" on goods and services have?
  5. What assumptions or simplifications does this model include?  What factors are not included?

 

Vox Politico

VoxPo Blog

Campaign Tools
- What is at stake in 2008?
- Custom Flash tool- In design
Vox Politico logo2
Economics
- Minimum wage laws
- Immigration - In design
- Drug war effects - Pending
- Social Security - Pending
Future Projects
- Society constructor: drag and drop your preferred government
- Emergent economy lab: stick figures at your
service mercy!
Support new Vox Politico develeopment:





2006-7 About Vox Politico
Email: welcome