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Minimum wage: if you can't produce $X/hr in value, you're prohibited from producing at all. I suspect raising that cutoff would increase suicides.
by ctdonath 7y ago
Minimum wage: if you can't produce $X/hr in value, you're prohibited from producing at all.
I suspect raising that cutoff would increase suicides.
- sir_kin 7y agoReal world data disagrees with your suspicion. Might want to rethink your reasoning.
- ctdonath 7y agoPoint me to the data. Those who get higher wages may be happier, but those unemployed due to their work being ended for want of value would understandably despair. Seems like data easily shifted for sociopolitical benefit.