Wednesday, December 11, 2013

Writing assignment for GOVT 2305 IMF3: Should the minimum wage be raised? Can the minimum wage be raised?

For your 1000 word critical essay - due January 3rd at noon - I'd like you to address the two questions posed above in a critical and objective manner. You can weigh in with your opinions at the end of your paper, but only after you fully evaluate the various arguments in favor or against the idea - as well as the practical likelihood that this might even happen.

You can approach these questions from many directions, but you will be evaluated in large part on your ability to directly answer these questions.

I'll post a few related items on this subject and also attempt to tie it into class content. The reason I want you to focus on this is because it has been topical recently. Reports pile up showing that the distribution of income and wealth is increasingly uneven. This has spiked in the past few decades. There are arguments that this has harmful consequences for the stability of the nation as well as future economic prosperity. Supporters of an increased minimum wage argue that doing so would be an effective way of reducing inequality, but opponents say it might make things worse.

I want you to - neutrally - get to the heart of their dispute, as well as discuss the practicality of its passage into law.

I'll provide links to online sources in a few follow up posts, but feel free to find your own.