Tag: minimum wage

Can Fast Food Jobs Really Be Replaced By Machines?

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You bet: McDonald’s just added 7,000 touch-screen kiosks to handle ordering and cashier duties in its European stores. The move is designed to boost efficiency and make ordering more convenient for customers. In an interview with the Financial Times, McDonald’s Europe President Steve Easterbrook notes that the new system will also open up a goldmine of … Continued

The Case Against the Minimum Wage

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There’s a lot that economists don’t agree on: monetary policy, tax policy, environmental and energy policy, and host of other complicated and obscure issues. So when you do find overwhelming agreement among expert economists on a particular subject, there’s good reason to sit up and pay attention, particularly when it contradicts what the vast majority … Continued