About this podcast

Economics is everywhere...if only you choose to see it. Join the FEEcast team every Friday for a lively recap of the week's important stories to give you the meaning behind the headlines.

Featuring Richard Lorenc, Brittany Hunter, Dan Sanchez and Marianne March

Produced by Sean W. Malone, Pavel Rusakov, and Jaye Davidson

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Why Did Amazon Raise Its Minimum Wage?

October 5, 2018

Jeff Bezos announced that Amazon will raise its minimum wage to $15/hour. This made Bernie Sanders happy, but will it lead to layoffs? And what’s up with Bezos turning around and voicing support for increasing the federal minimum wage? Is all this really about compassion or about using government to squash the competition? Tune in to FEEcast for an in-depth discussion.

*After this recording concluded on Wednesday, news broke that Amazon will discontinue monthly bonuses and stock options for warehouse workers.

Show Notes:

Is Amazon’s Minimum Wage Move a Political Ploy?

The New York Times Explains Why the Minimum Wage Should Be $0.00

Higher Minimum Wages Can Mean Fewer Work Benefits

Amazon's hourly workers lose monthly bonuses and stock awards as minimum wage increases

Amazon eliminates monthly bonuses and stock grants after minimum wage increase

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Popular YouTube host Kevin Lieber (VSauce2) hosts this informative and entertaining video series designed to introduce key concepts of economics to younger audiences through credible arguments, comedy... And puppets!

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