How do you solve a problem like the disconnect between “wages employers are willing to pay” and “wages employees need to survive”? If you’re my guest this week, the answer is: a wage subsidy. 

Today on the show, I speak with Ben Glasner, an economist with a PhD in public policy and management in search of answers for how to build a fairer economy, about the benefit proposal that he says has two very critical things most proposals of this nature lack: efficient targeting and bipartisan support. We discuss:

• The significance of the fact that 21 million Americans earn less than $16 per hour, and two-thirds of those workers are women
• Why other attempts at incentivizing job creation are expensive ($100,000–$200,000 per job) and poorly targeted
• The target wage and proposed funding structure that Ben and his coauthor believe will minimize or eliminate fraud and make small business hiring more competitive

Subscribe to my weekly newsletter: ⁠⁠⁠⁠⁠https://moneywithkatie.com/newsletter⁠⁠⁠⁠⁠

Get your copy of Rich Girl Nation, one of Barnes & Noble's Best Business Books of 2025:⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.moneywithkatie.com/rich-girl-nation⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Transcripts, show notes, resources, and credits at: https://moneywithkatie.com/the_mwk_show/end-low-wage-work-forever/.

—

Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.

Learn more about your ad choices. Visit megaphone.fm/adchoices