Amazon And The Economics Of $15-An-Hour

One of the nation’s largest companies is raising its minimum wage for all of its workers. Starting next month, Amazon will pay all its American employees $15 a hour, which is more than double the federal minimum wage. But will other companies follow suit? This hour, economist breaks down the significance of Amazon’s pay hike, the economics of raising the minimum wage, and whether Wisconsin could sustain a move to $15 an hour.