Cover image for The case of the minimum wage : competing policy models
Title:
The case of the minimum wage : competing policy models
Author:
Levin-Waldman, Oren M.
Personal Author:
Publication Information:
Albany : State University of New York Press, [2001]

©2001
Physical Description:
xiii, 236 pages : illustrations ; 23 cm.
Language:
English
ISBN:
9780791448557

9780791448564
Format :
Book

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HD4918 .L447 2001 Adult Non-Fiction Non-Fiction Area
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Summary

Summary

Places contemporary minimum wage debates in historical context, stressing the importance of political as opposed to economic variables.


Author Notes

Oren M. Levin-Waldman is the author of Reconceiving Liberalism: Dilemmas of Contemporary Liberal Public Policy and Plant Closure, Regulation, and Liberalism: The Limits to Liberal Public Philosophy.


Reviews 1

Choice Review

This unusual book explores minimum wages from a political economy perspective rather than from the usual neoclassical economic one. Levin-Waldman (resident scholar, Jerome Levy Economics Institute) argues that recent empirical economic analysis is too narrow, with conclusions too ambiguous, for proper public policy decisions. He contends it is more appropriate to consider how minimum wages can make society better off, as analysts did more than 34 years ago. His book provides an extended comparison between mainstream economics analysis and alternative political theories. It suggests possibilities of how minimum wages might improve the stability of society and improve the lot of working people. Levin-Waldman also provides an extended historical review of minimum wages and an original discussion of the correlates of political support for the minimum wage in Congress. He accepts that minimum wages are a social good, because they can be an example of the values of the body politic. There are a few typos to bother the reader, but many more may be put off by the author's failure to demonstrate that increases in the minimum wage will accomplish (or reflect) the good that is expected. The extensive bibliography is representative of the literature on the general topic. General readers; lower-division undergraduate through research audiences. H. Kasper Oberlin College