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> what a lot of economists in the news say TV economists are definitely a different breed. Most real labor economists acknowledge that the issue is tricky. I
by baron816 7y ago
> what a lot of economists in the news say
TV economists are definitely a different breed. Most real labor economists acknowledge that the issue is tricky.
I (not an economist) don’t like the minimum wage since it’s really a poor tool for the job. Society agrees that people should have a minimum standard of living, but then place the burden of providing that standard on a very narrow range of businesses. That burden should just be spread across all of society by way of a negative income tax.
- petra 7y agoThere are plenty of ways to view the role of businesses in society. One particular way is "the triple bottom line": part of running a business is a responsibility for taking care of your employees, your community and the environment. And minimum wage laws are a part of that.
- baron816 7y agoOk. I’m not a corporatists.