What you should know about wage subsidies
Religion & Liberty Online

What you should know about wage subsidies

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 income tax credit and how it affects low-skilled workers.

(If you find the pace of the videos too slow, I’d recommend 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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Joe Carter

Joe Carter is a senior writer for The Gospel Coalition, author of The Life and Faith Field Guide for Parents, the editor of the NIV Lifehacks Bible, and coauthor of How to Argue Like Jesus: Learning Persuasion from History’s Greatest Communicator. He also serves as an associate pastor at McLean Bible Church in Arlington, Va.