J. Michael Dennis ll.l., ll.m. Live

Tag: Costs of living

  • World’s cost of living 2013

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    by

    J. Michael Dennis
    in

    Tokyo, the most expensive city of the world TOKYO – After currency swings pushed Zurich to the top of the ranking last year, Tokyo has resumed its place as the world’s most expensive city. Despite Japanese deflation, a weaker yen and rising prices throughout the world, Tokyo has resumed its position as the world’s most…

  • The Minimum Wage: Does It Matter?

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    by

    J. Michael Dennis
    in

    Increase in minimum wage WORLD – Since minimum wages are not indexed to inflation, they do not systematically increase in proportion to changes in the costs of living.  Those in favor of increasing the minimum wage will argue that such an increase would lift people out of poverty, helps low-income families make ends meet and…