Pitchfork Economics with Nick Hanauer cover image

Revisiting the Legacy of the Fight for $15 (with Yannet Lathrop and Dr. T. William Lester)

Pitchfork Economics with Nick Hanauer

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The Economic Impact of Wage Increases vs. Wall Street Practices

This chapter explores how Wall Street practices such as stock buybacks and executive bonuses detract from job creation, in contrast to the benefits of raising the minimum wage. It advocates for reallocating funds towards worker wages to unlock significant job potential while criticizing the stagnation of the federal minimum wage.

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