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The idea that minimum wages kills jobs is not as well supported as you might think. People commonly take overly-simplified econ 101 labor market theories as gos
by RodoBobJon 7y ago
The idea that minimum wages kills jobs is not as well supported as you might think. People commonly take overly-simplified econ 101 labor market theories as gospel when the empirical evidence about the effects of minimum wage increases is decidedly mixed: https://www.vox.com/future-perfect/2019/11/20/20952151/should-minimum-wage-be-raised https://www.vox.com/future-perfect/2019/11/20/20952151/shoul...
- BurningFrog 7y agoI'm not talking about that. I just find it crazy that in the scenario where Uber pays someone poor $8/h while I pay them 0$/h, Uber is the bad guy, while I am completely blameless. The only actor actually paying the poor person is somehow the problem! It's hard for me to come up with a logical framework that supports that conclusion. So I think it's not actually a matter of logic.