With this in background, please critically discuss whether there should be any minimum wage law. If not, why not? If there should be such a law, what standards should be used to establish that the minimum wage is a fair and equitable wage?

The United States has a minimum wage law. Moreover, many states have their own laws regarding the minimum wage that workers must receive. Please see the U.S. Department of Labor’s Webpage at: U.S. Department of Labor for a map and enumeration of the laws.

With this in background, please critically discuss whether there should be any minimum wage law. If not, why not? If there should be such a law, what standards should be used to establish that the minimum wage is a fair and equitable wage?

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