If I am required to pay undergrad RAs $15/ hour, I will definitely hire fewer of them. Silver lining: less paperwork for me.
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The question is what to do for people who want to get into a profession but don't yet have the skills to earn a living wage. Many of you clearly think a higher minimum wage is the solution to that problem. I disagree and can think of many alternatives that I think are better.
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The point of my original tweet was that if I am forced to pay my undergrad interns $15/hour, I will consider the tradeoffs and offer those opportunities to fewer students. That seems like a bad outcome to me. I would prefer a different one.
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Many talk about higher minimum wages as if they're a magical free lunch. We wish everyone made more money so let's just tell employers they have to pay more and poof problem solved without any sacrifices from anyone! That sort of thinking drives me crazy. There are always costs.
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End of conversation
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What is it worth?
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Thanks for reminding me why I have such a low opinion of economists.
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Wow. That’s all I can say. You’re most definitely saying the quiet part aloud. Thank you for exposing yourself.
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Good to know that you believe that young people deserve to be a serf class
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*young people who don’t have family money to subsidize their livelihood and can afford to work for “exposure”
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