There's a lot of talk about a living wage—specifically, that today's minimum wage doesn't have the same buying power as that of, say, 1938. And conversely, if the minimum wage of 1938 was adjusted for inflation, it would be more than what it is today. KRCL's Lara Jones has just one question: What does the math say? To find out, she spoke with Nathan Seegert, assistant professor of finance at the University of Utah’s Eccles School of Business:
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