5 ms·

You just did exactly the same thing, so chill out. There's little evidence that labour laws cause unemployment. This meta-analysis (https://papers.ssrn.com/sol

You just did exactly the same thing, so chill out. There's little evidence that labour laws cause unemployment. This meta-analysis (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2705499 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2705499) points out that minimum wage laws have little to no effect. Wider analyses (http://onlinelibrary.wiley.com/doi/10.1111/j.1564-913X.2014.00195.x/pdf http://onlinelibrary.wiley.com/doi/10.1111/j.1564-913X.2014....) also seem to conclude that labour rights have little effect ton employment rates.

fiatjaf 10y ago
As if economic arguments could be proved by statistical analysis of incomplete data.
fiatjaf 10y ago
I understand that you may think I did the same thing exactly, but the point is that my words have meaning, they are not proved in my comment, but "unemployment" has a clear and distinct meaning while "economic inequality" doesn't.
- celticninja 10y ago
  Not only are they unsupported in your comment but mathewmcleod has proved them wrong with supporting evidence. My comment was to show that your statement without proof was pointless, I could say the opposite in the same way but it makes neither true. Mathewmcleod disproved your statement with attribution, feel free to do the same mine.
  - fiatjaf 10y ago
    See https://news.ycombinator.com/item?id=13550548 https://news.ycombinator.com/item?id=13550548
    - celticninja 10y ago
      Is that a no I won't support my claims?
      - fiatjaf 10y ago
        If "support" means statistics, then no, there is no valid support. All I can offer is logic. For example: https://en.wikipedia.org/wiki/Marginal_revenue_productivity_theory_of_wages https://en.wikipedia.org/wiki/Marginal_revenue_productivity_... Is this (https://saylordotorg.github.io/text_principles-of-economics-v2.0/section_15/26d7e8656909aa42ed7569015c10bd2e.jpg https://saylordotorg.github.io/text_principles-of-economics-...) hard to understand? Or maybe you want something more rigorous: https://mises.org/library/theory-idle-resources-0 https://mises.org/library/theory-idle-resources-0

fiatjaf 10y ago

As if economic arguments could be proved by statistical analysis of incomplete data.

fiatjaf 10y ago

I understand that you may think I did the same thing exactly, but the point is that my words have meaning, they are not proved in my comment, but "unemployment" has a clear and distinct meaning while "economic inequality" doesn't.

celticninja 10y ago
Not only are they unsupported in your comment but mathewmcleod has proved them wrong with supporting evidence. My comment was to show that your statement without proof was pointless, I could say the opposite in the same way but it makes neither true. Mathewmcleod disproved your statement with attribution, feel free to do the same mine.
- fiatjaf 10y ago
  See https://news.ycombinator.com/item?id=13550548 https://news.ycombinator.com/item?id=13550548
  - celticninja 10y ago
    Is that a no I won't support my claims?
    - fiatjaf 10y ago
      If "support" means statistics, then no, there is no valid support. All I can offer is logic. For example: https://en.wikipedia.org/wiki/Marginal_revenue_productivity_theory_of_wages https://en.wikipedia.org/wiki/Marginal_revenue_productivity_... Is this (https://saylordotorg.github.io/text_principles-of-economics-v2.0/section_15/26d7e8656909aa42ed7569015c10bd2e.jpg https://saylordotorg.github.io/text_principles-of-economics-...) hard to understand? Or maybe you want something more rigorous: https://mises.org/library/theory-idle-resources-0 https://mises.org/library/theory-idle-resources-0