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What you should know about wage subsidies
What you should know about wage subsidies
Jan 14, 2025 5:59 PM

Note: This is post #14 in a weekly video series on basic microeconomics.

What’s the difference between a wage subsidy and a minimum wage? What is the cost of a wage subsidy to taxpayers? Economist Alex Tabarrok looks at the earned e tax credit and how it affects low-skilled workers.

(If you find the pace of the videos too slow, I’d mend watching them at 1.5 to 2 times the speed. You can adjust the speed at which the video plays by clicking on “Settings” (the gear symbol) and changing “Speed” from normal to 1.25, 1.5 or 2.)

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