http://www.pbs.org/newshour/making-sense/column-15-minimum-wage-scare-us/
Ashley Michaud
“Why a $15 minimum wage should scare us”
The University of Munich professor John Komlos who wrote “Why a $15
minimum wage should scare us” it starts out by talking about how the economics of the
minimum wage is widely misunderstood. In this article John brought up a scenario about
him drinking a cup of coffee, and that no matter how much that coffee price went up we
would still buy it daily, but there are some people that can not afford the price if the
coffee goes up because their wages are not going up. So in that case they either will
stop drinking the coffee or come up with a substitution of either drinking coffee at your
