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Photo: Dierk Schaefer

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Why do we remember some things, and forget others? That's what author Peter Brown and psychologists Henry Roediger and Mark McDaniel set out to answer in their new book Make It Stick: The Science of Successful Learning.

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in collaboration with Spotlight on Poverty and Opportunity

Adjust minimum wage monthly to regional cost of living

File under: income, technology

4 (1 votes)

From: Vincent M., Marshalltown, IA

Rather than sponsoring minimum wage increases from time to time, we should computer index the minimum wage to a cost of living index of real time prices. This index would include region-specific costs of basic foodstuffs, rent and public transportation, and this index average would kick in automatic minimum wage increases or decreases. This would have been impossible to do in the past, but software and online price access make this both feasible and easy today. The advantage of this indexed and region-specific wage is that the immediate catch-up price hike by producers would be unprofitable.


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American RadioWorks |
Photo: Dierk Schaefer

Making it stick

Why do we remember some things, and forget others? That's what author Peter Brown and psychologists Henry Roediger and Mark McDaniel set out to answer in their new book Make It Stick: The Science of Successful Learning.

Recent Posts