A policy that requires job hopping to get good wages discriminates against people who are less mobile: workers with families, elderly parents, older workers with more ties to their neighborhood, people who don’t have enough savings to move, people who can't afford transportation...
I’m not sure that raising the median wage is even more desirable than raising the minimum wage. If the median wage enables a good life but, say, the lowest quartile is precarious exploitative jobs close to the poverty line then raising the minimum should increase overall happiness more than just raising the median.
I’m not sure that raising the median wage is even more desirable than raising the minimum wage. If the median wage enables a good life but, say, the lowest quartile is precarious exploitative jobs close to the poverty line then raising the minimum should increase overall happiness more than just raising the median.