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Minimum Wage Analysis

by Jadrian

This video does a nice job of describing many of the economic arguments for and against raising the minimum wage in a comical way. The clip is a few years old, but it still does a nice job of discussing many of the common arguments. Note: the clip does include a supply and demand graph, but it labels supply and demand incorrectly! This is a good opportunity to discuss economic misconceptions, as well as the labor supply and labor demand curves.

Thanks to Rebecca Chambers for the clip and description!

The Daily Show -- Wage Against the Machine

Samantha Bee investigates the minimum wage

from The Daily Show (2014)
Creator: Comedy Central
Distributor: Comedy Central
Posted by Jadrian