Excerpt from The Minimum Wage: With Particular Reference to the Legislative Minimum Wage Under the Minnesota Statute of 1913
The preservation Of the voluntary element, however, is the means through which are obviated many Of the obsta clcs to the practical working of a compulsory minimum wage. Under the system of voluntary cooperation, employers cannot be driven out Of business; neither will the prices of their products be increased so as to deprive the recipient Of a minimum wage Of its benefits; neither will the minimum wage tend so much to become the maximum wage. Under a system of cooperation, the necessary adjustments, more in accordance with the natural economic law, will be worked out, and thereby artificial and unfair discrimination between competitors in the same industry will tend to be obviated.
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Paperback. Condition: New. Print on Demand. This book presents a timely discussion on the legislative minimum wage, with particular focus on the Minnesota statute of 1913. The author, Rome G. Brown, begins with a thorough examination of the ethical, economic, and legal implications of setting a minimum wage â" considering both its potential benefits and the potential risks to employers and the economy. Brown then delves into the legislative history of minimum wage laws, providing a comparative analysis of statutes enacted in the United States and other countries. The author offers a critical examination of the Minnesota statute, highlighting its practical challenges and potential pitfalls. The book concludes with a thoughtful exploration of the broader significance of minimum wage laws, emphasizing the need for careful consideration of their potential consequences and the importance of finding a balance between the protection of workers and the preservation of economic growth. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334593543_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334593543
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Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334593543
Quantity: 15 available