#553 | A Short History Of The Minimum Wage

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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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