# The virtues of a $10/hour minimum wage

**URL:** <https://boards.straightdope.com/t/the-virtues-of-a-10-hour-minimum-wage/753021>\
**Category:** Great Debates\
**Created:** [April 24, 2016, 8:40pm UTC](https://boards.straightdope.com/t/the-virtues-of-a-10-hour-minimum-wage/753021 "2016-04-24T20:40:54Z")\
**Posts on this page:** 1\
**Page:** 13

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**Author:** ![Damuri\_Ajashi](https://avatars.discourse-cdn.com/v4/letter/d/898d66/32.png) [@Damuri\_Ajashi](https://boards.straightdope.com/u/Damuri_Ajashi)\
**Post date:** [July 5, 2016, 2:36pm UTC](https://boards.straightdope.com/t/the-virtues-of-a-10-hour-minimum-wage/753021/241 "2016-07-05T14:36:45Z")

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> **[Labour economics](https://en.wikipedia.org/wiki/Labour_economics)**
>
> Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms. Because these labourers exist as parts of a social, institutional, or political system, labour economics must also account for social, cultural and political variables.
> Labour markets or job markets function through the interaction of workers and employers. Labour economi...

Labor isn’t simply another input of production.

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