#553 | A Short History Of The Minimum Wage

 

In this episode, we'll explore the complex world of minimum wage laws, from their surprising origins in Australia and New Zealand to modern debates around their effectiveness.
 

Do they protect the lowest-paid workers, or do they do more damage than good?
 



History of the minimum wage globally

Early minimum wage laws in Australia and New Zealand

Introduction of minimum wage in the UK and the US

Arguments for and against minimum wage

Impact of the minimum wage on businesses

Regional variations in minimum wage

Alternatives to the minimum wage

Minimum wage and wage growth in the UK

Comparison of minimum wage with skilled jobs

Political perspectives on the minimum wage





Full interactive transcript, subtitles and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/minimum-wage

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